ICAP plc Given “Neutral” Rating at Goldman Sachs (IAP)
ICAP plc (LON:IAP)‘s stock had its “neutral” rating restated by analysts at Goldman Sachs in a research report issued to clients and investors on Friday, Stock Ratings News reports. They currently have a GBX 440 ($7.39) target price on the stock. Goldman Sachs’ price objective would suggest a potential upside of 5.69% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. cut their price target on shares of ICAP plc from GBX 379 ($6.37) to GBX 364 ($6.12) in a research note on Wednesday, April 2nd. 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 on Tuesday, April 1st. They now have a GBX 375 ($6.30) price target on the stock. Finally, analysts at Prime Wealth reiterated a “buy” rating on shares of ICAP plc in a research note on Tuesday, April 1st. They now have a GBX 403 ($6.77) price target on the stock. Six research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 383.20 ($6.44).
ICAP plc (LON:IAP) opened at 419.70 on Friday. ICAP plc has a 1-year low of GBX 283.95 and a 1-year high of GBX 463.10. The stock’s 50-day moving average is GBX 399.4 and its 200-day moving average is GBX 409.8. The company’s market cap is £2.690 billion.
ICAP plc (LON:IAP) is a markets operator and provider of post trade risk mitigation and information services.
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