ICAP plc Rating Reiterated by UBS AG (IAP)
ICAP plc (LON:IAP)‘s stock had its “sell” rating reiterated by research analysts at UBS AG in a report released on Thursday, American Banking News.com reports. They currently have a GBX 340 ($5.59) target price on the stock. UBS AG’s price target would indicate a potential downside of 14.36% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of ICAP plc from GBX 344 ($5.65) to GBX 364 ($5.98) in a research note to investors on Thursday. They now have a “neutral” rating on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of ICAP plc in a research note to investors on Wednesday. They now have a GBX 375 ($6.16) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “sell” rating on shares of ICAP plc in a research note to investors on Wednesday. They now have a GBX 291 ($4.78) price target on the stock. Seven investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. ICAP plc currently has an average rating of “Hold” and a consensus target price of GBX 379.08 ($6.23).
ICAP plc (LON:IAP) traded up 1.66% on Thursday, hitting GBX 397.00. 2,282,287 shares of the company’s stock traded hands. ICAP plc has a 52-week low of GBX 279.037 and a 52-week high of GBX 463.10. The stock has a 50-day moving average of GBX 433.7 and a 200-day moving average of GBX 401.0. The company’s market cap is £2.545 billion.
ICAP plc is an interdealer broker and provider of post trade risk and information services. The Company operates in three segments: Voice, Electronic and Post trade risk and information.
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