Reaffirmed: Intermediate Capital Group (LON:ICP) “Buy” Rating Reiterated at Canaccord Genuity; GBX 925.00 Target in Place

June 20, 2017 - By reb123z

Intermediate Capital Group (LON:ICP) Rating Reaffirmed

Canaccord Genuity now has a GBX 925.00 TP on the 2.46B GBP market cap company or 9.02 % upside potential. In a note revealed to investors and clients on 20 June, Intermediate Capital Group (LON:ICP) shares have had their “Buy” Rating reconfirmed by equity analysts at Canaccord Genuity.

Intermediate Capital Group plc (LON:ICP) Ratings Coverage

Among 10 analysts covering Intermediate Capital Group (LON:ICP), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Intermediate Capital Group has GBX 1010 highest and GBX 524 lowest target. GBX 800.44’s average target is -5.44% below currents GBX 846.5 stock price. Intermediate Capital Group had 70 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained Intermediate Capital Group plc (LON:ICP) rating on Tuesday, November 24. Jefferies has “Buy” rating and GBX 656 target. Numis Securities maintained Intermediate Capital Group plc (LON:ICP) on Friday, March 24 with “Hold” rating. The firm has “Hold” rating given on Tuesday, January 26 by Numis Securities. Macquarie Research downgraded the stock to “Neutral” rating in Tuesday, November 22 report. JP Morgan maintained the stock with “Overweight” rating in Tuesday, September 13 report. The firm has “Hold” rating given on Thursday, March 31 by Numis Securities. The stock of Intermediate Capital Group plc (LON:ICP) earned “Buy” rating by Liberum Capital on Thursday, November 19. The stock of Intermediate Capital Group plc (LON:ICP) earned “Buy” rating by Liberum Capital on Wednesday, March 16. The firm has “Buy” rating given on Tuesday, January 26 by Liberum Capital. The rating was maintained by Shore Capital on Tuesday, January 31 with “Hold”.

The stock decreased 1.05% or GBX 9 on June 20, reaching GBX 846.5. About 749,010 shares traded. Intermediate Capital Group plc (LON:ICP) has 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Intermediate Capital Group plc is a specialist asset manager. The company has market cap of 2.46 billion GBP. The Firm is the fund management firm and the investment firm (IC). It has a 11.36 P/E ratio. The Company’s 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.

More important recent Intermediate Capital Group plc (LON:ICP) news were published by: which released: “Intermediate Capital Group benefits from non-bank lending” on November 17, 2015, also published article titled: “Intermediate Capital Group dismisses shadow-bank label”, published: “Statement re Intermediate Capital Group plc: Notice of AGM” on June 20, 2017. More interesting news about Intermediate Capital Group plc (LON:ICP) was released by: and their article: “Statement re Intermediate Capital Group plc: Annual Report and Accounts” with publication date: June 14, 2017.

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