Tullett Prebon Plc’s Neutral Rating Reaffirmed at Goldman Sachs (TLPR)
Tullett Prebon Plc (LON:TLPR)‘s stock had its “neutral” rating restated by investment analysts at Goldman Sachs in a note issued to investors on Friday, StockRatingsNetwork.com reports. They currently have a GBX 390 ($6.55) price target on the stock. Goldman Sachs’ price objective indicates a potential upside of 22.80% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Tullett Prebon Plc in a research note on Tuesday, April 1st. Separately, analysts at Espirito Santo Investment Bank Research downgraded shares of Tullett Prebon Plc to a “neutral” rating in a research note on Thursday, March 6th. They now have a GBX 337 ($5.66) price target on the stock, down previously from GBX 354 ($5.95). Finally, analysts at Societe Generale downgraded shares of Tullett Prebon Plc to a “hold” rating in a research note on Wednesday, March 5th. They now have a GBX 330 ($5.54) price target on the stock. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the company’s stock. Tullett Prebon Plc currently has an average rating of “Hold” and an average target price of GBX 325.90 ($5.48).
Tullett Prebon Plc (LON:TLPR) opened at 318.70 on Friday. Tullett Prebon Plc has a 52 week low of GBX 242.00 and a 52 week high of GBX 400.30. The stock’s 50-day moving average is GBX 299.0 and its 200-day moving average is GBX 328.5. The company’s market cap is £693.3 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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