Tullett Prebon PT Raised to GBX 350 (TLPR)
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.
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