Tp Icap Plc (TCAP) Stock Rating Reaffirmed by Peel Hunt
Tp Icap Plc (LON:TCAP)‘s stock had its “reduce” rating reissued by stock analysts at Peel Hunt in a report released on Friday. They currently have a GBX 435 ($5.74) price objective on the stock. Peel Hunt’s target price indicates a potential downside of 13.00% from the stock’s previous close.
Several other equities analysts have also recently weighed in on TCAP. Citigroup Inc. raised their price target on shares of Tp Icap Plc from GBX 435 ($5.74) to GBX 485 ($6.40) and gave the stock a “neutral” rating in a research note on Tuesday, July 11th. Shore Capital reaffirmed a “sell” rating on shares of Tp Icap Plc in a research note on Tuesday, August 8th. Liberum Capital reaffirmed a “buy” rating and set a GBX 580 ($7.65) price target on shares of Tp Icap Plc in a research note on Tuesday, August 8th. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 540 ($7.13) price target on shares of Tp Icap Plc in a research note on Tuesday, August 8th. Finally, Barclays PLC raised their price target on shares of Tp Icap Plc from GBX 400 ($5.28) to GBX 430 ($5.67) and gave the stock an “underweight” rating in a research note on Friday, August 11th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 527 ($6.95).
Tp Icap Plc (TCAP) opened at GBX 500 ($6.60) on Friday. Tp Icap Plc has a 52 week low of GBX 354.50 ($4.68) and a 52 week high of GBX 547.50 ($7.22).
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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.
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