Intermediate Capital Group plc (ICP) Upgraded by Numis Securities Ltd to Add

Numis Securities Ltd upgraded shares of Intermediate Capital Group plc (LON:ICP) to an add rating in a research report sent to investors on Wednesday. Numis Securities Ltd currently has GBX 967 ($13.04) price objective on the stock.

A number of other research firms have also recently commented on ICP. Jefferies Group LLC reiterated a buy rating on shares of Intermediate Capital Group plc in a research report on Tuesday, July 11th. Liberum Capital restated a buy rating on shares of Intermediate Capital Group plc in a research report on Thursday, June 1st. Shore Capital cut Intermediate Capital Group plc to a sell rating and upped their price target for the stock from GBX 665 ($8.97) to GBX 750 ($10.11) in a research report on Wednesday, June 7th. Canaccord Genuity restated a buy rating and issued a GBX 925 ($12.47) price target on shares of Intermediate Capital Group plc in a research report on Tuesday, June 20th. Finally, Macquarie restated a neutral rating and issued a GBX 780 ($10.52) price target on shares of Intermediate Capital Group plc in a research report on Thursday, June 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. Intermediate Capital Group plc has an average rating of Buy and an average target price of GBX 844.86 ($11.39).

Shares of Intermediate Capital Group plc (ICP) traded down 0.40% on Wednesday, reaching GBX 877.50. The company’s stock had a trading volume of 239,835 shares. The company’s market capitalization is GBX 2.46 billion. The company’s 50-day moving average is GBX 884.99 and its 200 day moving average is GBX 826.96. Intermediate Capital Group plc has a 12-month low of GBX 565.50 and a 12-month high of GBX 940.00.

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In related news, insider Michael (Rusty) Nelligan purchased 20,528 shares of Intermediate Capital Group plc stock in a transaction on Wednesday, August 16th. The stock was acquired at an average price of GBX 906 ($12.22) per share, for a total transaction of £185,983.68 ($250,753.24). Also, insider Kevin A. H. Parry purchased 5,078 shares of Intermediate Capital Group plc stock in a transaction on Thursday, August 17th. The stock was bought at an average price of GBX 903 ($12.17) per share, with a total value of £45,854.34 ($61,823.30). In the last 90 days, insiders acquired 55,606 shares of company stock valued at $48,443,802.

About Intermediate Capital Group plc

Intermediate Capital Group plc is a specialist asset manager. The Company is the fund management company (FMC) and the investment company (IC). Its funds invest across four asset categories, providing finance for corporate investments, including private debt and minority equity; capital market investments of public and private debt; real assets, principally real estate debt, and private equity secondaries funds.

Analyst Recommendations for Intermediate Capital Group plc (LON:ICP)

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