Intermediate Capital Group’s (ICG) Top Pick Rating Reaffirmed at Citigroup

Citigroup reaffirmed their top pick rating on shares of Intermediate Capital Group (LON:ICG) in a research report report published on Friday morning, Marketbeat reports.

A number of other equities analysts have also recently issued reports on the company. Canaccord Genuity Group restated a buy rating and issued a GBX 3,036 ($38.51) target price on shares of Intermediate Capital Group in a report on Monday, May 20th. JPMorgan Chase & Co. dropped their price target on Intermediate Capital Group from GBX 2,798 ($35.49) to GBX 2,703 ($34.29) and set an overweight rating on the stock in a research note on Thursday, June 13th.

Intermediate Capital Group Trading Down 0.9 %

Intermediate Capital Group stock opened at GBX 2,182 ($27.68) on Friday. Intermediate Capital Group has a 1 year low of GBX 1,949.74 ($24.73) and a 1 year high of GBX 2,448 ($31.05).

Intermediate Capital Group Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, August 2nd. Shareholders of record on Thursday, June 13th will be paid a dividend of GBX 53.20 ($0.67) per share. This represents a yield of 2.29%. The ex-dividend date is Thursday, June 13th.