JPMorgan Chase & Co. Increases ICAP plc Price Target to GBX 364 (IAP)
Equities research analysts at JPMorgan Chase & Co. increased their target price on shares of ICAP plc (LON:IAP) from GBX 344 ($5.65) to GBX 364 ($5.98) in a research note issued to investors on Thursday, Analyst Ratings Network reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective suggests a potential downside of 8.31% from the company’s current price.
A number of other analysts have also recently weighed in on IAP. 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. Separately, 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. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of ICAP plc in a research note to investors on Thursday, January 30th. They now have a GBX 335 ($5.51) price target on the stock. Seven research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. ICAP plc currently has an average rating of “Hold” and an average price target 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 one year low of GBX 279.037 and a one year 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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