TP ICAP Group (LON:TCAP) Stock Price Up 1.2% – Time to Buy?

TP ICAP Group PLC (LON:TCAPGet Free Report) rose 1.2% during trading on Friday . The company traded as high as GBX 252.65 and last traded at GBX 251.50. Approximately 1,865,909 shares traded hands during trading, a decline of 44% from the average daily volume of 3,322,640 shares. The stock had previously closed at GBX 248.50.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TCAP shares. Peel Hunt reissued a “buy” rating and issued a GBX 337 target price on shares of TP ICAP Group in a research report on Wednesday, November 5th. Shore Capital reaffirmed a “buy” rating and set a GBX 335 price target on shares of TP ICAP Group in a research report on Wednesday, November 5th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, TP ICAP Group has an average rating of “Buy” and a consensus price target of GBX 348.67.

Read Our Latest Report on TP ICAP Group

TP ICAP Group Trading Up 1.2%

The stock’s 50-day moving average is GBX 255.87 and its 200-day moving average is GBX 271.32. The stock has a market cap of £1.87 billion, a price-to-earnings ratio of 11.18, a P/E/G ratio of 0.49 and a beta of 0.65.

TP ICAP Group Company Profile

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Further Reading

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