Tp Icap Plc (TCAP) Receives Average Recommendation of “Hold” from Analysts
Shares of Tp Icap Plc (LON:TCAP) have received a consensus rating of “Hold” from the ten brokerages that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 519.38 ($6.71).
A number of brokerages have issued reports on TCAP. Peel Hunt cut shares of Tp Icap Plc to a “reduce” rating and set a GBX 435 ($5.62) target price for the company. in a research report on Tuesday, August 8th. Barclays PLC lifted their target price on shares of Tp Icap Plc from GBX 400 ($5.17) to GBX 430 ($5.55) and gave the stock an “underweight” rating in a research report on Friday, August 11th. Liberum Capital restated a “buy” rating and set a GBX 580 ($7.49) target price on shares of Tp Icap Plc in a research report on Tuesday, August 8th. Shore Capital restated a “sell” rating on shares of Tp Icap Plc in a research report on Tuesday, August 8th. Finally, Numis Securities Ltd restated an “add” rating and set a GBX 540 ($6.97) target price on shares of Tp Icap Plc in a research report on Tuesday, August 8th.
Tp Icap Plc (LON TCAP) traded down 0.26% during mid-day trading on Wednesday, reaching GBX 492.00. 1,194,775 shares of the company’s stock were exchanged. Tp Icap Plc has a 1-year low of GBX 329.60 and a 1-year high of GBX 501.50. The stock’s market capitalization is GBX 2.73 billion. The firm’s 50-day moving average is GBX 481.85 and its 200 day moving average is GBX 471.95.
Tp Icap Plc (LON:TCAP) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.18 EPS for the quarter, hitting analysts’ consensus estimates of $0.18. Tp Icap Plc had a net margin of 5.62% and a return on equity of 6.04%. Analysts forecast that Tp Icap Plc will post $38.78 earnings per share for the current fiscal year.
The company also recently disclosed a dividend, which will be paid on Friday, November 10th. Stockholders of record on Thursday, October 12th will be given a GBX 5.60 ($0.07) dividend. This represents a dividend yield of 1.13%. The ex-dividend date of this dividend is Thursday, October 12th.
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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