ICAP plc (IAP) Receives Average Rating of “Hold” from Brokerages

ICAP plc (LON:IAP) has earned an average recommendation of “Hold” from the thirteen research firms that are covering the company. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 480.33 ($5.94).

A number of equities research analysts have commented on IAP shares. Citigroup Inc. lowered ICAP plc from a “buy” rating to a “neutral” rating and set a GBX 490 ($6.06) price target on the stock. in a research report on Wednesday, September 28th. BNP Paribas reiterated an “outperform” rating and issued a GBX 510 ($6.31) price target on shares of ICAP plc in a research report on Monday, October 3rd. Liberum Capital reiterated a “buy” rating and issued a GBX 506 ($6.26) price target on shares of ICAP plc in a research report on Thursday, July 21st. Barclays PLC upgraded ICAP plc to an “overweight” rating and upped their price target for the company from GBX 420 ($5.20) to GBX 465 ($5.75) in a research report on Thursday, June 30th. Finally, Bank of America Corp. upgraded ICAP plc to a “buy” rating and set a GBX 500 ($6.19) price target on the stock in a research report on Tuesday, June 21st.

Shares of ICAP plc (LON:IAP) traded down 1.43% during midday trading on Wednesday, reaching GBX 461.50. The company had a trading volume of 724,164 shares. ICAP plc has a 12-month low of GBX 364.30 and a 12-month high of GBX 517.50. The stock’s 50 day moving average is GBX 479.10 and its 200-day moving average is GBX 453.56. The stock’s market capitalization is GBX 2.98 billion.

In other news, insider Gregson,Charles Henry purchased 4,184 shares of the company’s stock in a transaction that occurred on Friday, July 22nd. The shares were acquired at an average cost of GBX 462 ($5.72) per share, with a total value of £19,330.08 ($23,923.37).

ICAP plc Company Profile

ICAP plc is a markets, technology and risk solutions company. The Company provides trade execution platforms and technology-based workflow/risk mitigation solutions to the global financial markets. The Company’s segments include Electronic Markets, Post Trade Risk and Information, and Global Broking.

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

Leave a Reply

© 2006-2016 Mideast Time.