Tullett Prebon Plc Receives Average Recommendation of “Hold” from Analysts (LON:TLPR)
Tullett Prebon Plc (LON:TLPR) has been given an average rating of “Hold” by the nine ratings firms that are currently covering the stock, Stock Ratings News reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 279.13 ($4.62).
A number of research firms have recently commented on TLPR. Analysts at Liberum Capital reiterated a “sell” rating on shares of Tullett Prebon Plc in a research note on Wednesday. They now have a GBX 219 ($3.62) price target on the stock. Separately, 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. Finally, 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).
Shares of Tullett Prebon Plc (LON:TLPR) opened at 270.50 on Tuesday. 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 259. and its 200-day moving average is GBX 288.1. The company’s market cap is £589.1 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 of this dividend 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.
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