Tullett Prebon Plc Given Consensus Recommendation of “Hold” by Analysts (LON:TLPR)
Tullett Prebon Plc (LON:TLPR) has been given a consensus rating of “Hold” by the ten brokerages that are covering the stock, American Banking News reports. Two investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 310.44 ($5.31).
A number of analysts have recently weighed in on TLPR shares. 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) opened at 255.60 on Wednesday. Tullett Prebon Plc has a 1-year low of GBX 239.80 and a 1-year high of GBX 400.30. The stock’s 50-day moving average is GBX 267.1 and its 200-day moving average is GBX 308.5. The company’s market cap is £556.0 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.
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