Share on StockTwits

Research analysts at Barclays lifted their price objective on shares of Tullett Prebon (LON:TLPR) from GBX 325 ($5.45) to GBX 350 ($5.87) in a report released on Wednesday, ARN reports. The firm currently has an “equal weight” rating on the stock. Barclays’ price target indicates a potential upside of 3.15% from the company’s current price.

Separately, analysts at Goldman Sachs downgraded shares of Tullett Prebon to a “neutral” rating in a research note on Monday, January 13th. They now have a GBX 430 ($7.21) price target on the stock, up previously from GBX 410 ($6.87). One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 330.48 ($5.54).

Tullett Prebon (LON:TLPR) traded down 0.29% on Wednesday, hitting GBX 339.00. 63,850 shares of the company’s stock traded hands. Tullett Prebon has a 52 week low of GBX 239.268 and a 52 week high of GBX 400.30. The stock has a 50-day moving average of GBX 355.0 and a 200-day moving average of GBX 342.7. The company’s market cap is £738.3 million.

Tullett Prebon plc (LON:TLPR) is an inter-dealer brokers, and acts as an intermediary in the wholesale financial markets, facilitating the trading activities of its clients, in particular commercial and investment banks.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.