Tullett Prebon Plc Stock Rating Reaffirmed by Liberum Capital (TLPR)
Tullett Prebon Plc (LON:TLPR)‘s stock had its “sell” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Wednesday. They currently have a GBX 219 ($3.62) price objective on the stock. Liberum Capital’s price objective would indicate a potential downside of 19.99% from the company’s current price.
TLPR has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd upgraded shares of Tullett Prebon Plc to a “hold” rating in a research note on Thursday, July 31st. They now have a GBX 258 ($4.27) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research upgraded shares of Tullett Prebon Plc to a “buy” rating in a research note on Wednesday, July 30th. They now have a GBX 284 ($4.70) price target on the stock, down previously from GBX 309 ($5.11). Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Tullett Prebon Plc in a research note on Wednesday, July 30th. They now have a GBX 265 ($4.39) price target on the stock. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 279.13 ($4.62).
Shares of Tullett Prebon Plc (LON:TLPR) traded up 0.18% on Wednesday, hitting GBX 274.00. The stock had a trading volume of 388,410 shares. 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 258.1 and its 200-day moving average is GBX 288.7. The company’s market cap is £596.8 million.
The company also recently announced a dividend, which is scheduled for Thursday, November 13th. Stockholders of record on Thursday, October 23rd will be paid a dividend of GBX 5.60 ($0.09) per share. This represents a dividend yield of 2.33%. The ex-dividend date is Thursday, October 23rd.
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.