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A statement released earlier today by JP Morgan Cazenove about Intermediate Capital Group PLC (LON:ICP) ups the target price to 1,100.00GBX

Having a price of 0.00GBX, Intermediate Capital Group PLC (LON:ICP) traded -2.88% lower on the day. With the last stock price down 12.23% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. ICP has recorded a 50-day average of 923.15GBX and a two hundred day average of 870.56GBX. Trade Volume was down over the average, with 538,507 shares of ICP changing hands under the typical 588,902

Reporting a potential upside of 0%, JP Morgan Cazenove upped the price target of Intermediate Capital Group PLC (LON:ICP) to 1,100.00GBX

Performance Chart

Intermediate Capital Group PLC (LON:ICP)

With a total market value of 0 GBX, Intermediate Capital Group PLC has price-earnings ratio of 13.11 with a one year low of 584.86GBX and a one year high of 1,011.00GBX .

In addition to JP Morgan Cazenove reporting its target price, a total of 8 brokers have issued a report on the stock. The consensus target price is 687.50GBX with 3 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Intermediate Capital Group PLC (LON:ICP)

Intermediate Capital Group plc is a specialist asset manager. The Company is the fund management company (FMC) and the investment company (IC). Its funds invest across four asset categories, providing finance for corporate investments, including private debt and minority equity; capital market investments of public and private debt; real assets, principally real estate debt, and private equity secondaries funds. It manages various investments, such as corporate investments, including Senior debt, mezzanine and equity investments in Europe, Asia Pacific and North America; capital market investments, such as collateralized loan obligation (CLO), loan mandate and other credit funds in Europe and North America; real asset investment, including real estate investment in senior debt, subordinated debt and equity in the United Kingdom commercial real estate investment, and secondaries, such as investment in secondaries private equity (PE) transactions in the European and North America.

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