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Home / Momentum / Intermediate Capital (ICP.L) 03-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Intermediate Capital (ICP.L) 03-02-20

Will shares in Intermediate Capital (ICP.L) continue to new highs?

 

  • The share price performance has been very strong, now trading at 1705p (at time of writing), .
  • Will we see an end to the trend, or is the momentum set to continue?
  • Could this be the ideal opportunity for those seeking a momentum play?
  • Whilst the trend has been relentless, remember that strong past performance may not always continue.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -2% from 12-month highs; +72% from 12 month lows.

Latest News

08:30:  Citigroup today initiates coverage of Intermediate Capital Group (ICP) with a buy rating and target price of 1966p.

13 Jan:  Barclays Capital reiterates its overweight rating on Intermediate Capital Group (ICP) and increased the target price to 1685p (from 1580p).

07 Jan:  JP Morgan Cazenove reiterates its overweight rating on Intermediate Capital Group (ICP) and increased the target price to 1800p (from 1720p).

03 Dec:  Jefferies International reiterates its buy rating on Intermediate Capital Group (ICP) and increased the target price to 1790p (from 1600p).

21 Nov:  JP Morgan Cazenove reiterates its overweight rating on Intermediate Capital Group (ICP) and increased the target price to 1720p (from 1635p).

20 Nov:  Barclays Capital reiterates its overweight rating on Intermediate Capital Group (ICP) and increased the target price to 1580p (from 1530p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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