Intermediate Capital Group (LON:ICP) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Intermediate Capital Group (LON:ICP) in a research note issued to investors on Monday morning, ThisIsMoney.Co.Uk reports.

ICP has been the subject of several other reports. JPMorgan Chase & Co. upped their price objective on Intermediate Capital Group from GBX 1,450 ($18.95) to GBX 1,530 ($19.99) and gave the stock an overweight rating in a research note on Thursday, May 23rd. Shore Capital restated a hold rating on shares of Intermediate Capital Group in a research note on Thursday, July 25th. Barclays restated an overweight rating on shares of Intermediate Capital Group in a research note on Monday, September 9th. Finally, Numis Securities restated a buy rating and issued a GBX 1,350 ($17.64) price objective on shares of Intermediate Capital Group in a research note on Wednesday, May 22nd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average target price of GBX 1,479.75 ($19.34).

Shares of ICP opened at GBX 1,440 ($18.82) on Monday. The company has a current ratio of 1.68, a quick ratio of 1.43 and a debt-to-equity ratio of 89.18. The firm has a market cap of $4.18 billion and a PE ratio of 22.71. Intermediate Capital Group has a 1-year low of GBX 899 ($11.75) and a 1-year high of GBX 1,448.12 ($18.92). The firm has a fifty day simple moving average of GBX 1,360.48 and a two-hundred day simple moving average of GBX 1,263.01.



In other news, insider Vijay Bharadia sold 4,570 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of GBX 1,392 ($18.19), for a total value of £63,614.40 ($83,123.48). Also, insider Michael (Rusty) Nelligan purchased 10,000 shares of the business’s stock in a transaction on Tuesday, September 17th. The stock was acquired at an average price of GBX 1,415 ($18.49) per share, with a total value of £141,500 ($184,894.81).

Intermediate Capital Group Company Profile

Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.

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Analyst Recommendations for Intermediate Capital Group (LON:ICP)

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