Tullett Prebon Plc Given Average Recommendation of “Hold” by Analysts (LON:TLPR)
Shares of Tullett Prebon Plc (LON:TLPR) have been given a consensus recommendation of “Hold” by the ten ratings firms that are covering the stock, Stock Ratings Network.com reports. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 310.44 ($5.31).
TLPR has been the subject of a number of recent research reports. Analysts at Macquarie reiterated a “neutral” rating on shares of Tullett Prebon Plc in a research note on Wednesday. They now have a GBX 231 ($3.95) price target on the stock. Separately, analysts at Liberum Capital initiated coverage on shares of Tullett Prebon Plc in a research note on Thursday, June 5th. They set a “sell” rating and a GBX 240 ($4.11) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Tullett Prebon Plc in a research note on Wednesday, June 4th. They now have a GBX 309 ($5.29) price target on the stock.
Shares of Tullett Prebon Plc (LON:TLPR) traded up 0.28% during mid-day trading on Wednesday, hitting GBX 251.00. The stock had a trading volume of 112,283 shares. Tullett Prebon Plc has a one year low of GBX 239.80 and a one year high of GBX 400.30. The stock’s 50-day moving average is GBX 269.4 and its 200-day moving average is GBX 310.1. The company’s market cap is £546.0 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.