What’s Next for Intermediate Capital Group plc After Today’s Huge Increase?

 What's Next for Intermediate Capital Group plc After Today's Huge Increase?

The stock of Intermediate Capital Group plc (LON:ICP) is a huge mover today! The stock increased 1.84% or GBX 12.4 on November 16, hitting GBX 685.9. About 704,123 shares traded hands or 38.38% up from the average. Intermediate Capital Group plc (LON:ICP) has declined 5.34% since April 20, 2016 and is downtrending. It has underperformed by 10.03% the S&P500.
The move comes after 8 months positive chart setup for the GBX 1.99 billion company. It was reported on Nov, 16 by Barchart.com. We have GBX 891.67 PT which if reached, will make LON:ICP worth GBX 597.00M more.

Intermediate Capital Group plc (LON:ICP) Ratings Coverage

Out of 9 analysts covering Intermediate Capital Group (LON:ICP), 6 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 67% are positive. Intermediate Capital Group has been the topic of 53 analyst reports since July 21, 2015 according to StockzIntelligence Inc. As per Thursday, February 11, the company rating was maintained by Shore Capital. As per Thursday, March 31, the company rating was maintained by JP Morgan. The stock of Intermediate Capital Group plc (LON:ICP) has “Overweight” rating given on Wednesday, June 29 by JP Morgan. The stock has “Overweight” rating given by JP Morgan on Tuesday, September 13. Societe Generale maintained Intermediate Capital Group plc (LON:ICP) rating on Monday, September 7. Societe Generale has “Buy” rating and GBX 660 price target. The stock of Intermediate Capital Group plc (LON:ICP) earned “Outperform” rating by Macquarie Research on Thursday, January 14. The rating was maintained by Numis Securities on Tuesday, November 17 with “Hold”. Liberum Capital maintained the shares of ICP in a report on Tuesday, November 17 with “Buy” rating. The stock of Intermediate Capital Group plc (LON:ICP) earned “Overweight” rating by JP Morgan on Wednesday, November 18. Societe Generale maintained it with “Buy” rating and GBX 750 target price in Friday, November 11 report.

Intermediate Capital Group plc is a specialist asset manager. The company has a market cap of 1.99 billion GBP. The Firm is the fund management firm and the investment firm (IC). It has a 14.66 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment