Tullett Prebon Plc Stock Rating Reaffirmed by Barclays (TLPR)
Tullett Prebon Plc (LON:TLPR)‘s stock had its “equal weight” rating restated by research analysts at Barclays in a report released on Wednesday. They currently have a GBX 265 ($4.50) price target on the stock. Barclays’ price target indicates a potential upside of 6.00% from the company’s current price.
Tullett Prebon Plc (LON:TLPR) opened at 250.00 on Wednesday. Tullett Prebon Plc has a 52-week low of GBX 234.40 and a 52-week high of GBX 400.30. The stock’s 50-day moving average is GBX 256.1 and its 200-day moving average is GBX 299.7. The company’s market cap is £544.5 million.
The company also recently announced a dividend, which is scheduled for Thursday, November 13th. Investors of record on Thursday, October 23rd will be paid a dividend of GBX 5.60 ($0.10) per share. This represents a dividend yield of 2.33%. The ex-dividend date is Thursday, October 23rd.
TLPR has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “sell” rating on shares of Tullett Prebon Plc in a research note on Tuesday, July 29th. Separately, analysts at HSBC upgraded shares of Tullett Prebon Plc to an “overweight” rating in a research note on Tuesday, July 29th. They now have a GBX 311 ($5.28) price target on the stock. Finally, analysts at Canaccord Genuity reiterated an “under review” rating on shares of Tullett Prebon Plc in a research note on Tuesday, July 29th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 294.25 ($5.00).
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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