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Macquarie disclosed Intermediate Capital Group PLC (LON:ICP), bumping up its stock price target to 780.00GBX today

Yesterday Intermediate Capital Group PLC (LON:ICP) traded -1.10% lower at 0.00GBX. The company’s 50-day moving average is 891.01GBX and its 200-day moving average is 821.82GBX. The last stock close price is down 4.34% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 164,635 shares of ICP traded hands, down from an average trading volume of 562,118

In a report released on Thursday June 22, 2017 Macquarie upped the price target of Intermediate Capital Group PLC (LON:ICP) to 780.00GBX stating a potential upside of 0%.

Previously on 6/07/2017, Shore Capital released a statement for Intermediate Capital Group PLC (LON:ICP) bumped up the target price from 665.00GBX to 750.00GBX. At the time, this indicated a possible downside of -0.12%.

Recent Performance Chart

Intermediate Capital Group PLC (LON:ICP)

Intermediate Capital Group PLC has 52 week low of 565.50GBX and a 52 week high of 940.00GBX with a PE ratio of 11.51 and has a market capitalization of 0 GBX.

A total of 8 analysts have reported on the stock. 3 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a average stock price target of 687.50GBX.

Brief Synopsis On 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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