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%.