Intermediate Capital Group (LON:ICG) Rating Reiterated by Citigroup

Citigroup reissued their top pick rating on shares of Intermediate Capital Group (LON:ICG) in a report issued on Friday morning, MarketBeat Ratings reports.

Other research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Intermediate Capital Group from GBX 2,798 ($35.39) to GBX 2,703 ($34.19) and set an overweight rating for the company in a research note on Thursday, June 13th. Canaccord Genuity Group reissued a buy rating and set a GBX 3,036 ($38.40) price objective on shares of Intermediate Capital Group in a research note on Monday, May 20th.

Intermediate Capital Group Stock Down 0.5 %

ICG stock opened at GBX 2,172 ($27.47) on Friday. Intermediate Capital Group has a 12-month low of GBX 1,949.74 ($24.66) and a 12-month high of GBX 2,448 ($30.96).

Intermediate Capital Group Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 2nd. Stockholders of record on Thursday, June 13th will be paid a dividend of GBX 53.20 ($0.67) per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a dividend yield of 2.29%.