Tp Icap Plc (TCAP) Earns “Underweight” Rating from Barclays PLC
Several other equities research analysts also recently weighed in on the company. Numis Securities Ltd downgraded Tp Icap Plc to an add rating and raised their price objective for the company from GBX 525 ($6.48) to GBX 540 ($6.67) in a report on Tuesday, March 14th. Shore Capital reissued a hold rating on shares of Tp Icap Plc in a report on Tuesday, March 14th. Peel Hunt reissued a hold rating on shares of Tp Icap Plc in a report on Tuesday, March 14th. Liberum Capital raised their price objective on Tp Icap Plc from GBX 489 ($6.04) to GBX 561 ($6.93) and gave the company a buy rating in a report on Friday, March 10th. Finally, Morgan Stanley reissued an overweight rating and set a GBX 511 ($6.31) price objective on shares of Tp Icap Plc in a report on Thursday, January 26th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 510.40 ($6.30).
Shares of Tp Icap Plc (LON:TCAP) opened at 458.00 on Wednesday. Tp Icap Plc has a one year low of GBX 270.80 and a one year high of GBX 497.50. The company’s market capitalization is GBX 2537.93 billion. The firm has a 50 day moving average price of GBX 478.60 and a 200 day moving average price of GBX 421.40.
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Tp Icap Plc Company Profile
TP ICAP plc, formerly 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.
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