Numis Securities restated their add rating on shares of Intermediate Capital Group (LON:ICP) in a research note released on Wednesday morning. The brokerage currently has a GBX 1,222 ($17.13) price objective on the stock.
A number of other equities research analysts have also weighed in on ICP. Shore Capital reissued a sell rating on shares of Intermediate Capital Group in a report on Tuesday, November 14th. Liberum Capital reissued a buy rating and set a GBX 1,010 ($14.16) price objective on shares of Intermediate Capital Group in a report on Tuesday, November 14th. JPMorgan Chase & Co. boosted their price objective on shares of Intermediate Capital Group from GBX 950 ($13.32) to GBX 1,100 ($15.42) and gave the company an overweight rating in a report on Wednesday, November 15th. reissued an add rating and set a GBX 967 ($13.56) price objective on shares of Intermediate Capital Group in a report on Tuesday, November 14th. Finally, Jefferies Group boosted their price objective on shares of 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. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Intermediate Capital Group presently has a consensus rating of Hold and an average price target of GBX 1,074.67 ($15.07).
Intermediate Capital Group (ICP) opened at GBX 1,074 ($15.06) on Wednesday. The stock has a market capitalization of $3,190.00 and a price-to-earnings ratio of 1,534.29. Intermediate Capital Group has a 12-month low of GBX 690 ($9.67) and a 12-month high of GBX 1,204 ($16.88).
Intermediate Capital Group (LON:ICP) last announced its quarterly earnings data on Tuesday, November 14th. The company reported GBX 28.30 ($0.40) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 24.80 ($0.35) by GBX 3.50 ($0.05). The firm had revenue of £285.10 million for the quarter. Intermediate Capital Group had a net margin of 32.73% and a return on equity of 15.76%.
The firm also recently declared a dividend, which was paid on Friday, January 12th. Shareholders of record on Thursday, December 7th were issued a GBX 9 ($0.13) dividend. This represents a yield of 0.86%. The ex-dividend date of this dividend was Thursday, December 7th.
In other Intermediate Capital Group news, insider Michael (Rusty) Nelligan purchased 5,000 shares of the stock in a transaction on Monday, February 5th. The shares were bought at an average cost 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 company’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 transaction of £1,309,100 ($1,835,530.01).
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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.
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