Tullett Prebon Plc Receives Consensus Recommendation of “Hold” from Brokerages (LON:TLPR)
Tullett Prebon Plc (LON:TLPR) has been given an average recommendation of “Hold” by the nine analysts that are currently covering the stock, AmericanBankingNews.com reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 334.25 ($5.63).
Shares of Tullett Prebon Plc (LON:TLPR) opened at 288.00 on Wednesday. Tullett Prebon Plc has a 52 week low of GBX 270.036 and a 52 week high of GBX 400.30. The stock’s 50-day moving average is GBX 301.5 and its 200-day moving average is GBX 325.5. The company’s market cap is £626.5 million.
Several analysts have 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 23rd. They now have a GBX 360 ($6.06) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Tullett Prebon Plc in a research note on Monday, May 12th. They now have a GBX 305 ($5.13) price target on the stock.
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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