TP ICAP Group (LON:TCAP) Shares Up 0.4% – Here’s Why

TP ICAP Group PLC (LON:TCAP – Get Free Report) rose 0.4% during trading on Friday. The company traded as high as GBX 329 and last traded at GBX 323.20. 1,677,094 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 5,289,275 shares. The stock had previously closed at GBX 322.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 415 price target on shares of TP ICAP Group in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, TP ICAP Group presently has a consensus rating of “Buy” and a consensus price target of GBX 362.33.

Check Out Our Latest Analysis on TCAP

TP ICAP Group Price Performance

The firm’s 50 day moving average price is GBX 329.62 and its two-hundred day moving average price is GBX 323.63. The company has a debt-to-equity ratio of 57.54, a current ratio of 28.35 and a quick ratio of 0.97. The stock has a market cap of £2.31 billion, a PE ratio of 12.83, a P/E/G ratio of 0.49 and a beta of 0.35.

TP ICAP Group (LON:TCAP – Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported GBX 19.30 EPS for the quarter. TP ICAP Group had a net margin of 7.57% and a return on equity of 9.51%. On average, research analysts expect that TP ICAP Group PLC will post 31.03 earnings per share for the current year.

About TP ICAP Group

(Get Free Report)

See Also

Receive News & Ratings for TP ICAP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TP ICAP Group and related companies with MarketBeat.com's FREE daily email newsletter.