Tp Icap Plc (TCAP) Given Consensus Recommendation of “Hold” by Analysts
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.
TRADEMARK VIOLATION WARNING: “Tp Icap Plc (TCAP) Given Consensus Recommendation of “Hold” by Analysts” was first reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/07/18/tp-icap-plc-tcap-given-consensus-recommendation-of-hold-by-analysts.html.
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.
Receive News & Ratings for Tp Icap Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tp Icap Plc and related companies with MarketBeat.com's FREE daily email newsletter.