Goldman cuts target for Intermediate Capital stock to GBp 2,930
Published on 10/20/2026 at 13:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget revision and reporting dates
- Goldman cut its Intermediate Capital target to GBp 2,930 on October 1, 2026.
- Intermediate Capital reported USD 126 billion in assets under management at June 30, 2026.
- Intermediate Capital stock was trading at EUR 21.10 at 1:17 p.m. CEST at Lang & Schwarz on October 20, 2026.
- Half-year results are scheduled for November 11, 2026.
Intermediate Capital (ISIN GB00BYT1DJ19) was trading at EUR 21.10 at Lang & Schwarz on October 20, 2026 at 1:17 p.m. CEST. dpa-AFX reported on October 1, 2026 that Goldman cut its target for the stock from GBp 3,010 to GBp 2,930 while retaining a Buy rating.
Goldman lowers the valuation marker
The target revision gives investors a fresh benchmark for the London-listed alternative asset manager. The new GBp 2,930 target is GBp 80 below the previous GBp 3,010 level, a 2.66 percent reduction.
The companys operating scale remains the larger business signal. On its shareholder page, ICG reports USD 126 billion of assets under management at June 30, 2026. The same page shows LTM management fee income of GBP 685 million for the 12 months to March 31, 2026, up 13 percent year over year.
What does the target mean for valuation?
The stock also sits within a clearly defined London market range. The primary-exchange quote was GBp 1,756.00 on October 20, 2026, against a 52-week range of GBp 1,424.88 to GBp 2,148.00. That places the quoted share price GBp 392.00 below the annual high, while the target remains GBp 1,174.00 above the latest London quote.
Recent corporate milestones add operating context. ICG said on its shareholder page that its first-quarter fiscal 2027 trading update covered the three months ended June 30, 2026. The company also lists the completion of its Amundi partnership on September 17, 2026, involving a EUR 620 million investment and a 9.9 percent economic interest.
Next reporting date
ICG lists November 11, 2026 as the date for its half-year results announcement. That report should provide the next dated test of assets under management, fee income and fee-related earnings after the June 30 update.
Stock snapshot in euros
The euro quote provides the clearest short-term reference for investors in Germany, while the London price and GBp target preserve the companys primary-market context.
Intermediate Capital was trading at EUR 21.10 at Lang & Schwarz on October 20, 2026 at 1:17 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Intermediate Capital stock.
Intermediate Capital stock facts
- Company: Intermediate Capital Group plc
- ISIN: GB00BYT1DJ19
- Ticker: ICG
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz (as of October 20, 2026, 1:17 p.m. CEST): EUR 21.10
- Market capitalization: GBP 4.8 billion (as of October 20, 2026)
- 52-week range: GBp 1,424.88-2,148.00 (as of October 20, 2026)
- Index membership: FTSE 100
- Next earnings date: November 11, 2026
Market context: Market report FTSE 100.
