Peel Hunt assumed coverage on shares of Intermediate Capital Group (LON:ICP) in a research report sent to investors on Friday, Stock Target Advisor reports. The brokerage issued an add rating and a GBX 1,456 ($17.92) price target on the stock.

A number of other research firms have also weighed in on ICP. Jefferies Financial Group boosted their target price on Intermediate Capital Group from GBX 1,565 ($19.26) to GBX 1,700 ($20.92) and gave the company a buy rating in a research note on Monday, June 8th. Citigroup restated a buy rating and set a GBX 1,612 ($19.84) price target on shares of Intermediate Capital Group in a report on Friday, June 12th. Canaccord Genuity restated a buy rating and set a GBX 1,244 ($15.31) price target on shares of Intermediate Capital Group in a report on Thursday, June 4th. Shore Capital reiterated a hold rating on shares of Intermediate Capital Group in a report on Thursday, June 4th. Finally, Barclays boosted their price target on Intermediate Capital Group from GBX 1,470 ($18.09) to GBX 1,520 ($18.71) and gave the stock an overweight rating in a research report on Thursday, May 28th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of GBX 1,520.33 ($18.71).

LON ICP opened at GBX 1,298 ($15.97) on Friday. Intermediate Capital Group has a 1-year low of GBX 452 ($5.56) and a 1-year high of GBX 1,896 ($23.33). The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 155.09. The stock has a 50-day moving average of GBX 1,232.18 and a 200-day moving average of GBX 1,356.05. The firm has a market cap of $3.79 billion and a PE ratio of 34.14.

The firm also recently declared a dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Thursday, June 18th will be paid a GBX 35.80 ($0.44) dividend. This represents a yield of 2.79%. The ex-dividend date is Thursday, June 18th. This is a positive change from Intermediate Capital Group’s previous dividend of $15.00. Intermediate Capital Group’s dividend payout ratio is presently 133.51%.

In other news, insider Benoit Durteste sold 208,022 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of GBX 1,312 ($16.15), for a total transaction of £2,729,248.64 ($3,358,661.88). Also, insider Davies of Abersoch acquired 2,972 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were purchased at an average price of GBX 1,266 ($15.58) per share, with a total value of £37,625.52 ($46,302.63).

About Intermediate Capital Group

Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.

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Analyst Recommendations for Intermediate Capital Group (LON:ICP)

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