Intermediate capital group (LON: PKI – Get a rating) saw its price target reduced by Royal Bank of Canada analysts from 2,885 GBX ($36.30) to 2,700 GBX ($33.98) in a report on Monday, Market Beat Ratings reports. The brokerage currently has an “overweight” rating on the stock. Royal Bank of Canada’s price target would indicate a potential upside of 65.29% from the current share price.
A number of other analysts have also recently weighed in on ICP. Shore Capital reissued a “hold” rating on Intermediate Capital Group shares in a research report Thursday. Barclays reissued an “overweight” rating and published a price target of 2,545 GBX ($32.02) on Intermediate Capital Group shares in a research report on Monday, May 23. One equity research analyst gave the stock a hold rating and four gave the stock a buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of 2,666 GBX ($33.55).
Intermediate Capital Group Actions opened at 1,633.50 GBX ($20.55) on Monday. The company has a debt ratio of 85.28, a current ratio of 1.43 and a quick ratio of 1.15. The stock has a market capitalization of £4.75 billion and a price-earnings ratio of 9.37. Intermediate Capital Group has a 1-year minimum of 1,285 GBX ($16.17) and a 1-year maximum of 2,493 GBX ($31.37). The business has a fifty-day moving average price of 1,584.75 GBX and a 200-day moving average price of 1,833.09 GBX.
Separately, insider Rosemary Leith acquired 675 shares of the company in a trade dated Wednesday, March 16. The share was acquired at an average price of 1,716 GBX ($21.59) per share, with a total value of £11,583 ($14,575.31). Additionally, insider Stephen Welton acquired 5,000 shares of the company in a trade dated Tuesday, March 1. The share was bought at an average cost of 1,656 GBX ($20.84) per share, with a total value of £82,800 ($104,190.26).
About Intermediate Capital Group (Get a rating)
Intermediate Capital Group plc is a private equity firm specializing in direct and fund-of-funds investments. Within direct, he 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-private transactions with or without private equity, leveraged financing and acquisition, leveraged finance, partnership equity, management buyouts and management buyouts, secondary investments, development capital, financing of listed companies, off-balance sheet financing, refinancing and recapitalizations and pre-IPO financing.
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