Intermediate Capital Group (LON:ICP) Receives Buy Rating from Citigroup

Citigroup reiterated their buy rating on shares of Intermediate Capital Group (LON:ICP) in a report released on Tuesday morning, Digital Look reports.

A number of other analysts also recently issued reports on the stock. Shore Capital reiterated a hold rating on shares of Intermediate Capital Group in a report on Thursday, January 30th. JPMorgan Chase & Co. lifted their price target on shares of Intermediate Capital Group from GBX 1,720 ($22.63) to GBX 1,800 ($23.68) and gave the company an overweight rating in a report on Tuesday, January 7th. Barclays lifted their price target on shares of Intermediate Capital Group from GBX 1,580 ($20.78) to GBX 1,685 ($22.17) and gave the company an overweight rating in a report on Monday, January 13th. Finally, Jefferies Financial Group lifted their price target on shares of Intermediate Capital Group from GBX 1,600 ($21.05) to GBX 1,790 ($23.55) and gave the company a buy rating in a report on Tuesday, December 3rd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Intermediate Capital Group presently has an average rating of Buy and a consensus price target of GBX 1,706.83 ($22.45).

Shares of ICP stock opened at GBX 1,816 ($23.89) on Tuesday. The company has a debt-to-equity ratio of 90.87, a current ratio of 1.11 and a quick ratio of 0.79. The company has a market capitalization of $5.27 billion and a price-to-earnings ratio of 25.72. The company’s fifty day moving average price is GBX 1,686.08 and its 200-day moving average price is GBX 1,500.46. Intermediate Capital Group has a one year low of GBX 990 ($13.02) and a one year high of GBX 1,772 ($23.31).

In other Intermediate Capital Group news, insider Virginia Holmes sold 10,000 shares of Intermediate Capital Group stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of GBX 1,538 ($20.23), for a total value of £153,800 ($202,315.18).

About Intermediate Capital Group

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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