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

Intermediate Capital Group (LON:ICG - Get Free Report)'s stock had its "overweight" rating reaffirmed by analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday, MarketBeat Ratings reports.

Separately, Citigroup raised their price objective on shares of Intermediate Capital Group from GBX 2,720 ($35.02) to GBX 2,730 ($35.15) and gave the company a "buy" rating in a research note on Thursday, January 23rd.

Intermediate Capital Group Trading Down 5.8 %

Intermediate Capital Group stock traded down GBX 124 ($1.60) during midday trading on Thursday, reaching GBX 2,004 ($25.80). 2,059,691 shares of the stock traded hands, compared to its average volume of 4,055,798. The firm has a market cap of £5.65 billion, a PE ratio of 12.51 and a beta of 1.97. The company has a 50-day simple moving average of GBX 2,238.32 and a two-hundred day simple moving average of GBX 2,177.91. Intermediate Capital Group has a 12-month low of GBX 1,852 ($23.84) and a 12-month high of GBX 2,468 ($31.78).

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.