Shares of Tp Icap Plc (LON:TCAP) have been assigned an average recommendation of “Hold” from the ten research firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 502 ($6.56).

A number of research firms have recently commented on TCAP. Citigroup Inc increased their target price on shares of Tp Icap Plc from GBX 435 ($5.68) to GBX 485 ($6.33) and gave the stock a “neutral” rating in a report on Tuesday, July 11th. Liberum Capital reissued a “buy” rating and issued a GBX 580 ($7.57) target price on shares of Tp Icap Plc in a report on Tuesday, June 6th. Royal Bank Of Canada began coverage on shares of Tp Icap Plc in a report on Wednesday, May 31st. They issued an “outperform” rating and a GBX 525 ($6.86) target price for the company. Numis Securities Ltd reissued an “add” rating and issued a GBX 540 ($7.05) target price on shares of Tp Icap Plc in a report on Thursday, May 11th. Finally, Shore Capital reissued a “sell” rating on shares of Tp Icap Plc in a report on Thursday, May 11th.

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Shares of Tp Icap Plc (LON TCAP) traded up 1.87% during trading on Tuesday, reaching GBX 479.90. 1,226,661 shares of the company traded hands. The company has a 50-day moving average of GBX 471.56 and a 200-day moving average of GBX 461.84. The stock’s market capitalization is GBX 2.66 billion. Tp Icap Plc has a 12 month low of GBX 312.50 and a 12 month high of GBX 497.50.

In other Tp Icap Plc news, insider David Shalders acquired 4,202 shares of the company’s stock in a transaction that occurred on Friday, May 19th. The stock was acquired at an average price of GBX 473 ($6.18) per share, for a total transaction of £19,875.46 ($25,953.85). Also, insider Angela Ann Knight acquired 2,150 shares of the company’s stock in a transaction that occurred on Wednesday, May 10th. The stock was acquired at an average price of GBX 463 ($6.05) per share, with a total value of £9,954.50 ($12,998.82).

About Tp Icap Plc

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.

Analyst Recommendations for Tp Icap Plc (LON:TCAP)

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