Intermediate Capital Group (LON:ICP)‘s stock had its “add” rating restated by Numis Securities in a research note issued to investors on Wednesday. They presently have a GBX 1,222 ($17.13) target price on the stock. Numis Securities’ price target points to a potential upside of 11.29% from the stock’s current price.
Other equities analysts have also issued research reports about the company. restated an “add” rating and set a GBX 967 ($13.56) price objective on shares of Intermediate Capital Group in a research note on Tuesday, November 14th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,010 ($14.16) target price on shares of Intermediate Capital Group in a report on Thursday, February 1st. Canaccord Genuity raised their target price on Intermediate Capital Group from GBX 1,000 ($14.02) to GBX 1,150 ($16.12) and gave the company a “buy” rating in a report on Monday, November 20th. Jefferies Group raised their target price on Intermediate Capital Group from GBX 1,023 ($14.34) to GBX 1,203 ($16.87) and gave the company a “buy” rating in a report on Monday, November 20th. Finally, Macquarie raised their target price on Intermediate Capital Group from GBX 780 ($10.94) to GBX 1,170 ($16.40) and gave the company a “neutral” rating in a report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. Intermediate Capital Group presently has an average rating of “Hold” and an average price target of GBX 1,074.67 ($15.07).
Intermediate Capital Group (LON ICP) opened at GBX 1,098 ($15.40) on Wednesday. Intermediate Capital Group has a 52 week low of GBX 690 ($9.67) and a 52 week high of GBX 1,204 ($16.88). The company has a market capitalization of $3,190.00 and a price-to-earnings ratio of 1,568.57.
In other news, insider Michael (Rusty) Nelligan acquired 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The shares were bought at an average price of GBX 1,094 ($15.34) per share, with a total value of £54,700 ($76,696.58). Also, insider Philip Keller sold 130,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of GBX 1,007 ($14.12), for a total value of £1,309,100 ($1,835,530.01).
COPYRIGHT VIOLATION NOTICE: “Numis Securities Reiterates “Add” Rating for Intermediate Capital Group (ICP)” was first posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://sportsperspectives.com/2018/02/07/numis-securities-reiterates-add-rating-for-intermediate-capital-group-icp-2.html.
Intermediate Capital Group Company Profile
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.
Receive News & Ratings for Intermediate Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intermediate Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.