TP ICAP Group (LON:TCAP) Reaches New 1-Year High – Here’s What Happened

TP ICAP Group PLC (LON:TCAP)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 353.40 and last traded at GBX 353.40, with a volume of 459499 shares changing hands. The stock had previously closed at GBX 349.80.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 415 price objective on shares of TP ICAP Group in a research note on Monday, June 8th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 365.25.

TP ICAP Group Stock Performance

The business has a 50-day moving average of GBX 329.21 and a two-hundred day moving average of GBX 289.74. The company has a debt-to-equity ratio of 49.55, a current ratio of 30.33 and a quick ratio of 0.97. The company has a market cap of £2.58 billion, a P/E ratio of 14.59, a P/E/G ratio of 0.49 and a beta of 0.36.

TP ICAP Group Company Profile