Tullett Prebon Plc (TLPR) Earns “Buy” Rating from Liberum Capital
Tullett Prebon Plc (LON:TLPR)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a research note issued on Thursday. They currently have a GBX 413 ($5.39) price target on the stock. Liberum Capital’s price objective indicates a potential upside of 11.95% from the company’s current price.
A number of other analysts have also weighed in on TLPR. HSBC raised their price objective on shares of Tullett Prebon Plc from GBX 400 ($5.22) to GBX 440 ($5.74) and gave the company a “buy” rating in a research note on Tuesday, August 23rd. Numis Securities Ltd restated a “buy” rating and set a GBX 450 ($5.87) price objective on shares of Tullett Prebon Plc in a research note on Friday, July 15th. Macquarie restated an “outperform” rating and set a GBX 383 ($5.00) price objective on shares of Tullett Prebon Plc in a research note on Thursday, July 21st. Barclays PLC restated an “underweight” rating and set a GBX 280 ($3.65) price objective on shares of Tullett Prebon Plc in a research note on Thursday, July 21st. Finally, Shore Capital restated a “hold” rating on shares of Tullett Prebon Plc in a research note on Tuesday, June 7th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 388.40 ($5.07).
Shares of Tullett Prebon Plc (LON:TLPR) opened at 366.50 on Thursday. Tullett Prebon Plc has a 52-week low of GBX 270.80 and a 52-week high of GBX 390.60. The stock has a 50 day moving average of GBX 367.34 and a 200 day moving average of GBX 339.06. The company’s market cap is GBX 889.49 million.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/22/tullett-prebon-plc-tlpr-earns-buy-rating-from-liberum-capital-2.html
The firm also recently disclosed a dividend, which will be paid on Monday, November 14th. Investors of record on Thursday, September 1st will be issued a GBX 5.60 ($0.07) dividend. This represents a dividend yield of 1.68%. The ex-dividend date of this dividend is Thursday, September 1st.
In other Tullett Prebon Plc news, insider Baddeley,Andrew acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 2nd. The shares were bought at an average price of GBX 331 ($4.32) per share, with a total value 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.
Receive News & Ratings for Tullett Prebon Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tullett Prebon Plc and related companies with MarketBeat.com's FREE daily email newsletter.