Liberum Capital Reaffirms Buy Rating for Tp Icap (TCAP)

Tp Icap (LON:TCAP)‘s stock had its “buy” rating reaffirmed by stock analysts at Liberum Capital in a research report issued on Friday. They currently have a GBX 580 ($7.81) price objective on the stock. Liberum Capital’s price target would suggest a potential upside of 15.31% from the company’s previous close.

Several other equities analysts also recently commented on TCAP. Numis Securities restated an “add” rating and set a GBX 600 ($8.08) target price on shares of Tp Icap in a research report on Thursday, November 30th. Barclays raised their target price on Tp Icap from GBX 400 ($5.38) to GBX 430 ($5.79) and gave the stock an “underweight” rating in a research report on Friday, August 11th. Societe Generale restated a “hold” rating and set a GBX 495 ($6.66) target price on shares of Tp Icap in a research report on Monday, November 6th. Peel Hunt restated a “reduce” rating and set a GBX 435 ($5.85) target price on shares of Tp Icap in a research report on Monday, November 20th. Finally, Macquarie downgraded Tp Icap to a “neutral” rating and set a GBX 503 ($6.77) target price for the company. in a research report on Monday, October 9th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 523.80 ($7.05).

Shares of Tp Icap (LON:TCAP) traded down GBX 4.31 ($0.06) during mid-day trading on Friday, hitting GBX 503 ($6.77). The company’s stock had a trading volume of 1,258,653 shares, compared to its average volume of 1,440,000. Tp Icap has a 52 week low of GBX 410.20 ($5.52) and a 52 week high of GBX 547.50 ($7.37).

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Tp Icap Company Profile

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.

Analyst Recommendations for Tp Icap (LON:TCAP)

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