Intermediate Capital Group (LON:ICG) Earns Overweight Rating from JPMorgan Chase & Co.

Intermediate Capital Group (LON:ICG)‘s stock had its “overweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a report issued on Thursday, Marketbeat Ratings reports.

Separately, Citigroup boosted their price objective on Intermediate Capital Group from GBX 2,720 ($35.16) to GBX 2,730 ($35.28) and gave the company a “buy” rating in a research note on Thursday, January 23rd.

Intermediate Capital Group Stock Performance

Shares of Intermediate Capital Group stock opened at GBX 2,128 ($27.50) on Thursday. Intermediate Capital Group has a 52-week low of GBX 1,852 ($23.94) and a 52-week high of GBX 2,468 ($31.90). The stock’s 50-day simple moving average is GBX 2,239.04 and its 200 day simple moving average is GBX 2,178.03. The stock has a market capitalization of £6.00 billion, a P/E ratio of 13.29 and a beta of 1.97.

Intermediate Capital Group Company Profile

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.