Intermediate Capital Group (LON:ICP)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a research note issued to investors on Friday. They presently have a GBX 1,010 ($13.59) price objective on the stock. Liberum Capital’s target price indicates a potential downside of 4.45% from the company’s previous close.
A number of other research analysts have also recently issued reports on ICP. Numis Securities raised Intermediate Capital Group to an “add” rating and set a GBX 967 ($13.01) price target for the company in a report on Wednesday, September 20th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 950 ($12.79) price target (up from GBX 881 ($11.86)) on shares of Intermediate Capital Group in a report on Thursday, September 21st. Jefferies Group reiterated a “buy” rating and issued a GBX 1,023 ($13.77) price objective on shares of Intermediate Capital Group in a research report on Thursday, September 28th. Shore Capital reiterated a “sell” rating on shares of Intermediate Capital Group in a research report on Tuesday, November 14th. Finally, reiterated an “add” rating and issued a GBX 967 ($13.01) price objective on shares of Intermediate Capital Group in a research report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 975.22 ($13.13).
Intermediate Capital Group (ICP) opened at GBX 1,057 ($14.23) on Friday. Intermediate Capital Group has a twelve month low of GBX 673.50 ($9.06) and a twelve month high of GBX 1,080 ($14.54).
In other news, insider Philip Keller sold 130,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of GBX 1,007 ($13.55), for a total transaction of £1,309,100 ($1,761,911.17). Also, insider Peter J. Gibbs bought 30,000 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were bought at an average price of GBX 842 ($11.33) per share, with a total value of £252,600 ($339,973.08).
About Intermediate Capital Group
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.
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