Trading Report: Today, Numis Securities Ltd Increases Intermediate Capital Group plc (ICP) Price Target to GBX 655

Today, Numis Securities Ltd Increases Intermediate Capital Group plc (ICP) Price Target to GBX 655

Intermediate Capital Group plc (LON:ICP) had its price objective lifted by equities researchers at Numis Securities Ltd from GBX 566 ($7.07) to GBX 655 ($8.18) in a note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. Numis Securities Ltd’s price target indicates a potential downside of 5.07% from the stock’s previous close.

A number of other research firms also recently weighed in on ICP. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 700 ($8.75) price objective on shares of Intermediate Capital Group plc in a report on Wednesday, November 16th. Macquarie downgraded Intermediate Capital Group plc to a “neutral” rating and set a GBX 675 ($8.43) price objective for the company. in a report on Tuesday. Societe Generale restated a “buy” rating and issued a GBX 750 ($9.37) price objective on shares of Intermediate Capital Group plc in a report on Friday, November 11th. Finally, Jefferies Group restated a “buy” rating on shares of Intermediate Capital Group plc in a report on Wednesday, November 16th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Intermediate Capital Group plc currently has an average rating of “Buy” and a consensus price target of GBX 698.86 ($8.73).

Shares of Intermediate Capital Group plc (LON:ICP) opened at 689.00 on Wednesday. The stock has a 50 day moving average price of GBX 624.12 and a 200-day moving average price of GBX 632.26. The company’s market capitalization is GBX 2.01 billion. Intermediate Capital Group plc has a one year low of GBX 500.96 and a one year high of GBX 766.69.

The business also recently disclosed a dividend, which will be paid on Monday, January 9th. Stockholders of record on Thursday, December 1st will be given a dividend of GBX 7.50 ($0.09) per share. The ex-dividend date is Thursday, December 1st. This represents a dividend yield of 1.11%.

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