Intermediate Capital Group (LON:ICP) Earns “Hold” Rating from Shore Capital

Intermediate Capital Group (LON:ICP – Get Rating)‘s stock had its “hold” rating reissued by Shore Capital in a research report issued to clients and investors on Thursday, MarketBeat reports.

Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 2,029 ($25.24) price objective on shares of Intermediate Capital Group in a research note on Tuesday, February 21st.

Intermediate Capital Group Stock Performance

Shares of Intermediate Capital Group stock opened at GBX 1,348 ($16.77) on Thursday. Intermediate Capital Group has a 1-year low of GBX 937 ($11.65) and a 1-year high of GBX 1,638.50 ($20.38). The company has a current ratio of 2.09, a quick ratio of 1.38 and a debt-to-equity ratio of 101.05. The company has a 50 day moving average of GBX 1,260.38 and a 200-day moving average of GBX 1,273.65. The company has a market cap of £3.92 billion, a PE ratio of 1,182.46, a price-to-earnings-growth ratio of -2.30 and a beta of 1.96.

Insider Buying and Selling

In other Intermediate Capital Group news, insider Michael (Rusty) Nelligan purchased 6,000 shares of the company’s stock in a transaction on Friday, March 3rd. The shares were bought at an average cost of GBX 1,391 ($17.30) per share, with a total value of £83,460 ($103,805.97). 1.37% of the stock is currently owned by company insiders.

About Intermediate Capital Group

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Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.