Shares of Intermediate Capital Group plc (LON:ICG – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 1,806.15 and traded as low as GBX 1,799. Intermediate Capital Group shares last traded at GBX 1,802, with a volume of 400,256 shares trading hands.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on ICG shares. Berenberg Bank restated a “buy” rating and set a GBX 2,640 price target on shares of Intermediate Capital Group in a research note on Friday, September 25th. Jefferies Financial Group lowered their price objective on shares of Intermediate Capital Group from GBX 2,800 to GBX 2,700 and set a “buy” rating on the stock in a research report on Monday, October 12th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,500.
View Our Latest Stock Analysis on Intermediate Capital Group
Intermediate Capital Group Price Performance
The stock has a market cap of £5.24 billion, a price-to-earnings ratio of 10.99 and a beta of 1.44. The stock’s 50-day moving average is GBX 1,872.88 and its 200 day moving average is GBX 1,806.15.
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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