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Intermediate Capital downgraded by Liberum

08 June 2016 13:44

Liberum Capital has moved to a hold rating on investment firm Intermediate Capital Group (LON:ICP) - previously buy rated - as the shares closed in on its 692 pence a share target price, lowered from 703 pence.

The broker reckons the stock's valuation is "close to fully reflecting the special dividend and the near-term potential".

At 1:44pm: (LON:ICP) Intermediate Capital Group PLC share price was -19.25p at 647.25p

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