ICAP plc Given Consensus Rating of “Hold” by Analysts (LON:IAP)
ICAP plc (LON:IAP) has been given an average recommendation of “Hold” by the fourteen brokerages that are currently covering the company, ARN reports. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 386.64 ($6.51).
A number of research firms have recently commented on IAP. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of ICAP plc in a research note on Friday, May 23rd. They now have a GBX 420 ($7.07) price target on the stock. Separately, analysts at Credit Suisse cut their price target on shares of ICAP plc from GBX 395 ($6.65) to GBX 370 ($6.23) in a research note on Thursday, May 15th. They now have an “underperform” rating on the stock. Finally, analysts at Canaccord Genuity upgraded shares of ICAP plc to a “hold” rating in a research note on Wednesday, May 14th. They now have a GBX 350 ($5.89) price target on the stock, up previously from GBX 300 ($5.05).
Shares of ICAP plc (LON:IAP) traded down 0.10% during mid-day trading on Wednesday, hitting GBX 400.40. 487,319 shares of the company’s stock traded hands. ICAP plc has a one year low of GBX 343.00 and a one year high of GBX 463.10. The stock’s 50-day moving average is GBX 399.7 and its 200-day moving average is GBX 412.2. The company’s market cap is £2.575 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 25th. Shareholders of record on Wednesday, July 2nd will be given a dividend of GBX 15.40 ($0.26) per share. This represents a yield of 3.95%. The ex-dividend date of this dividend is Wednesday, July 2nd.
ICAP plc (LON:IAP) is a markets operator and provider of post trade risk mitigation and information services.
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