Key Points
- Insider purchase: David Bicarregui acquired 30,000 ICG shares on March 24 at GBX 1,493 each, a transaction of about £447,900.
- Share price and valuation: ICG opened at GBX 1,537 (1-year range GBX 1,424.88–2,340), trades below its 50- and 200-day SMAs, and has a market cap of roughly £4.47bn with a P/E of 7.55.
- Analyst view: Six analysts rate ICG a Buy and one a Hold, giving a consensus "Moderate Buy" and an average price target around GBX 2,565 (with individual targets up to GBX 2,900).
Intermediate Capital Group plc (LON:ICG - Get Free Report) insider David Bicarregui acquired 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 24th. The stock was bought at an average price of GBX 1,493 per share, for a total transaction of £447,900.
Intermediate Capital Group Price Performance
Shares of ICG opened at GBX 1,537 on Thursday. Intermediate Capital Group plc has a 1-year low of GBX 1,424.88 and a 1-year high of GBX 2,340. The company has a market capitalization of £4.47 billion, a P/E ratio of 7.55 and a beta of 1.43. The firm's 50 day simple moving average is GBX 1,703.55 and its 200 day simple moving average is GBX 1,948.61.
Analyst Upgrades and Downgrades
ICG has been the topic of several research reports. Citigroup raised their price objective on shares of Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the company a "buy" rating in a research report on Monday, January 5th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 2,900 target price on shares of Intermediate Capital Group in a research report on Thursday, January 22nd. Finally, UBS Group reissued a "neutral" rating and issued a GBX 2,250 target price on shares of Intermediate Capital Group in a research note on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Intermediate Capital Group presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,565.14.
Read Our Latest Stock Analysis on Intermediate Capital Group
About Intermediate Capital Group
(
Get Free Report)
ICG (LSE: ICG) is a global alternative asset manager with $127bn* in AUM and more than three decades of experience generating attractive returns. We operate from over 20 locations globally and invest our clients' capital across Structured Capital; Private Equity Secondaries; Private Debt; Credit; and Real Assets. Our exceptional people originate differentiated opportunities, invest responsibly, and deliver long-term value. We partner with management teams, founders, and business owners in a creative and solutions-focused approach, supporting them with our expertise and flexible capital.
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