Tullett Prebon Plc Given “Hold” Rating at Societe Generale (TLPR)
Tullett Prebon Plc (LON:TLPR)‘s stock had its “hold” rating reaffirmed by analysts at Societe Generale in a research report issued to clients and investors on Friday. They currently have a GBX 305 ($5.21) price objective on the stock. Societe Generale’s target price suggests a potential upside of 24.95% from the stock’s previous close.
Tullett Prebon Plc (LON:TLPR) opened at 243.10 on Friday. Tullett Prebon Plc has a 52-week low of GBX 239.80 and a 52-week high of GBX 400.30. The stock’s 50-day moving average is GBX 261.1 and its 200-day moving average is GBX 304.1. The company’s market cap is £528.8 million.
A number of other firms have also recently commented on TLPR. Analysts at Macquarie reiterated a “neutral” rating on shares of Tullett Prebon Plc in a research note on Wednesday, July 16th. 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 ($4.10) 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 ($5.28) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Tullett Prebon Plc has a consensus rating of “Hold” and a consensus price target of GBX 310.44 ($5.30).
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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