Tp Icap Plc (LON:TCAP)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a research note issued to investors on Monday. They presently have a GBX 580 ($7.63) target price on the stock. Liberum Capital’s target price indicates a potential upside of 20.08% from the stock’s current price.
A number of other research firms have also recently commented on TCAP. Macquarie cut Tp Icap Plc to a “neutral” rating and set a GBX 503 ($6.62) price target on the stock. in a report on Monday, October 9th. Peel Hunt reissued a “reduce” rating and issued a GBX 435 ($5.72) price target on shares of Tp Icap Plc in a report on Friday, November 3rd. Royal Bank Of Canada boosted their price target on Tp Icap Plc from GBX 525 ($6.91) to GBX 550 ($7.23) and gave the stock an “outperform” rating in a report on Tuesday, September 12th. Numis Securities Ltd reissued an “add” rating and issued a GBX 600 ($7.89) price target on shares of Tp Icap Plc in a report on Friday, November 3rd. Finally, Barclays PLC reissued an “underweight” rating and issued a GBX 430 ($5.66) price target on shares of Tp Icap Plc in a report on Monday, November 6th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. Tp Icap Plc presently has a consensus rating of “Hold” and a consensus price target of GBX 523.80 ($6.89).
Tp Icap Plc (LON:TCAP) opened at GBX 483 ($6.35) on Monday. Tp Icap Plc has a 12-month low of GBX 410.20 ($5.40) and a 12-month high of GBX 547.50 ($7.20).
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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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