Intermediate Capital Group’s (ICG) “Overweight” Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of Intermediate Capital Group (LON:ICG) in a research report released on Thursday, MarketBeat reports.

Separately, Citigroup boosted their price target on Intermediate Capital Group from GBX 2,720 ($35.05) to GBX 2,730 ($35.18) and gave the stock a “buy” rating in a report on Thursday, January 23rd.

Intermediate Capital Group Price Performance

LON ICG opened at GBX 2,152 ($27.73) on Thursday. The business has a 50 day moving average price of GBX 2,237.76 and a 200 day moving average price of GBX 2,177.99. The company has a market capitalization of £6.07 billion, a P/E ratio of 13.44 and a beta of 1.97. Intermediate Capital Group has a 1-year low of GBX 1,852 ($23.87) and a 1-year high of GBX 2,468 ($31.80).

About Intermediate Capital Group

ICG provides flexible capital solutions to help companies develop and grow. We are a leading global alternative asset manager with a 35-year history, managing $107bn of assets* and investing across the capital structure. We operate across four asset classes: Structured and Private Equity, Private Debt, Real Assets, and Credit.

We develop long-term relationships with our business partners to deliver value for shareholders, clients, and employees, and use our position of influence to benefit the environment and society.