Intermediate Capital Group plc (ICP) Earns Add Rating from Numis Securities Ltd

Intermediate Capital Group plc (LON:ICP)‘s stock had its “add” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Tuesday. They currently have a GBX 967 ($12.72) price target on the stock. Numis Securities Ltd’s price target would suggest a potential downside of 4.82% from the stock’s current price.

Several other research analysts have also recently issued reports on the company. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 950 ($12.50) target price (up from GBX 881 ($11.59)) on shares of Intermediate Capital Group plc in a research report on Thursday, September 21st. Jefferies Group LLC reissued a “buy” rating and issued a GBX 1,023 ($13.46) target price on shares of Intermediate Capital Group plc in a research report on Thursday, September 28th. Liberum Capital reissued a “buy” rating and issued a GBX 1,010 ($13.28) target price on shares of Intermediate Capital Group plc in a research report on Tuesday. Finally, Shore Capital reissued a “sell” rating on shares of Intermediate Capital Group plc in a research report on Tuesday. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock. Intermediate Capital Group plc presently has a consensus rating of “Buy” and a consensus target price of GBX 906.88 ($11.93).

Intermediate Capital Group plc (ICP) opened at GBX 1,016 ($13.36) on Tuesday. Intermediate Capital Group plc has a 12-month low of GBX 617 ($8.12) and a 12-month high of GBX 1,011 ($13.30).

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In related news, insider Kevin A. H. Parry acquired 5,078 shares of the firm’s stock in a transaction dated Thursday, August 17th. The shares were purchased at an average price of GBX 903 ($11.88) per share, with a total value of £45,854.34 ($60,310.85). Also, insider Michael (Rusty) Nelligan acquired 20,528 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was bought at an average cost of GBX 906 ($11.92) per share, for a total transaction of £185,983.68 ($244,618.81). Insiders bought 55,606 shares of company stock worth $48,443,802 in the last ninety days.

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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