Tullett Prebon Plc Given Neutral Rating at Espirito Santo Investment Bank Research (TLPR)
Tullett Prebon Plc (LON:TLPR)‘s stock had its “neutral” rating reaffirmed by analysts at Espirito Santo Investment Bank Research in a research report issued to clients and investors on Thursday, Stock Ratings News reports. They currently have a GBX 337 ($5.68) price objective on the stock. Espirito Santo Investment Bank Research’s price objective points to a potential upside of 13.39% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Tullett Prebon Plc in a research note on Friday, May 2nd. They now have a GBX 390 ($6.58) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Tullett Prebon Plc in a research note on Tuesday, April 1st. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. Tullett Prebon Plc has an average rating of “Hold” and an average price target of GBX 335.44 ($5.66).
Tullett Prebon Plc (LON:TLPR) traded down 5.86% during mid-day trading on Thursday, hitting GBX 297.20. The stock had a trading volume of 1,063,930 shares. Tullett Prebon Plc has a 1-year low of GBX 262.879 and a 1-year high of GBX 400.30. The stock has a 50-day moving average of GBX 299.7 and a 200-day moving average of GBX 328.0. The company’s market cap is £646.5 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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