Tp Icap Plc (LON:TCAP)‘s stock had its “hold” rating reaffirmed by equities research analysts at Peel Hunt in a note issued to investors on Tuesday.
A number of other brokerages have also recently weighed in on TCAP. Liberum Capital increased their target price on shares of Tp Icap Plc from GBX 489 ($5.98) to GBX 561 ($6.86) and gave the stock a “buy” rating in a report on Thursday, March 2nd. Numis Securities Ltd increased their target price on shares of Tp Icap Plc from GBX 470 ($5.75) to GBX 525 ($6.42) and gave the stock a “buy” rating in a report on Friday, January 6th. HSBC Holdings plc raised shares of Tp Icap Plc to a “buy” rating and increased their target price for the stock from GBX 480 ($5.87) to GBX 520 ($6.36) in a report on Friday, January 6th. Barclays PLC increased their target price on shares of Tp Icap Plc from GBX 360 ($4.40) to GBX 400 ($4.89) and gave the stock an “underweight” rating in a report on Monday, January 9th. Finally, Macquarie reissued an “outperform” rating on shares of Tp Icap Plc in a report on Tuesday, January 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 510.40 ($6.24).
Shares of Tp Icap Plc (LON:TCAP) opened at 458.80 on Tuesday. Tp Icap Plc has a 52 week low of GBX 270.80 and a 52 week high of GBX 497.50. The firm’s market cap is GBX 2542.36 billion. The company has a 50 day moving average of GBX 477.76 and a 200 day moving average of GBX 420.27.
Tp Icap Plc Company Profile
TP ICAP plc, formerly Tullett Prebon plc, is a United Kingdom-based interdealer broker. The Company acts as an intermediary in the wholesale over-the-counter and exchange traded financial and commodity markets, facilitating the trading activities of its clients, in particular commercial and investment banks.