Tullett Prebon Plc (LON:TLPR) Given Consensus Rating of “Hold” by Brokerages
Tullett Prebon Plc (LON:TLPR) has received an average rating of “Hold” from the eleven analysts that are covering the company. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 385.67 ($5.03).
TLPR has been the topic of a number of research reports. HSBC boosted their target price on shares of Tullett Prebon Plc from GBX 400 ($5.22) to GBX 440 ($5.74) and gave the stock a “buy” rating in a research report on Tuesday, August 23rd. Numis Securities Ltd reissued a “buy” rating and issued a GBX 450 ($5.87) price target on shares of Tullett Prebon Plc in a report on Friday, September 9th. Barclays PLC lowered their price target on shares of Tullett Prebon Plc from GBX 290 ($3.79) to GBX 280 ($3.65) and set an “underweight” rating on the stock in a report on Thursday, June 30th. Liberum Capital reissued a “buy” rating on shares of Tullett Prebon Plc in a report on Thursday, September 15th. Finally, Shore Capital reissued a “hold” rating on shares of Tullett Prebon Plc in a report on Tuesday, June 7th.
Tullett Prebon Plc (LON:TLPR) traded up 0.11% during trading on Tuesday, reaching GBX 369.10. 291,887 shares of the company’s stock traded hands. The company’s market capitalization is GBX 895.80 million. Tullett Prebon Plc has a 12 month low of GBX 270.80 and a 12 month high of GBX 390.60. The firm’s 50 day moving average is GBX 366.40 and its 200-day moving average is GBX 339.14.
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The business also recently declared a dividend, which will be paid on Monday, November 14th. Investors of record on Thursday, September 1st will be given a dividend of GBX 5.60 ($0.07) per share. The ex-dividend date of this dividend is Thursday, September 1st. This represents a yield of 1.68%.
In related news, insider Baddeley,Andrew purchased 5,000 shares of Tullett Prebon Plc stock in a transaction that occurred on Tuesday, August 2nd. The shares were acquired at an average price of GBX 331 ($4.32) per share, for a total transaction of £16,550 ($21,602.92).
Tullett Prebon Plc Company Profile
Tullett Prebon plc is a United Kingdom-based interdealer broker. The Company acts as an intermediary in the wholesale over-the-counter and exchange traded financial and commodity markets, facilitating the trading activities of its clients, in particular commercial and investment banks. It operates in the Europe and the Middle East; Americas, and Asia Pacific segments.
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