Intermediate Capital Group (LON:ICG – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a report released on Thursday,London Stock Exchange reports. They currently have a GBX 2,670 price target on the stock. Berenberg Bank’s price objective points to a potential upside of 41.49% from the stock’s previous close.
A number of other research firms have also weighed in on ICG. UBS Group reissued a “neutral” rating and set a GBX 2,150 target price on shares of Intermediate Capital Group in a research report on Monday, May 18th. Citigroup reduced their price objective on Intermediate Capital Group from GBX 2,550 to GBX 2,290 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Jefferies Financial Group reduced their price target on shares of Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating for the company in a report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 2,800 target price on shares of Intermediate Capital Group in a research note on Wednesday, June 3rd. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,508.25.
View Our Latest Report on Intermediate Capital Group
Intermediate Capital Group Trading Down 0.1%
Intermediate Capital Group (LON:ICG – Get Free Report) last announced its quarterly earnings results on Thursday, May 21st. The company reported GBX 166.80 earnings per share for the quarter. Intermediate Capital Group had a return on equity of 18.00% and a net margin of 49.28%.The company had revenue of GBX 103.60 billion during the quarter. On average, sell-side analysts forecast that Intermediate Capital Group will post 166.6666667 earnings per share for the current fiscal year.
About Intermediate Capital Group
ICG (LSE: ICG) is a global alternative asset manager with $126bn* in AUM and more than three decades of experience generating attractive returns. We operate from over 20 locations globally and invest our clients’ capital across Structured Capital; Private Equity Secondaries; Private Debt; Credit; and Real Assets. Our exceptional people originate differentiated opportunities, invest responsibly, and deliver long-term value. We partner with management teams, founders, and business owners in a creative and solutions-focused approach, supporting them with our expertise and flexible capital.
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