Tp Icap Plc (LON:TCAP) had its target price lifted by HSBC Holdings plc from GBX 520 ($6.42) to GBX 540 ($6.67) in a research report released on Wednesday morning. The firm currently has a buy rating on the stock.
Other equities analysts also recently issued reports about the company. Numis Securities Ltd downgraded Tp Icap Plc to an add rating and lifted their target price for the company from GBX 525 ($6.48) to GBX 540 ($6.67) in a research report on Tuesday, March 14th. Liberum Capital lifted their target price on Tp Icap Plc from GBX 489 ($6.04) to GBX 561 ($6.93) and gave the company a buy rating in a research report on Friday, March 10th. Peel Hunt reiterated a hold rating on shares of Tp Icap Plc in a research report on Friday, January 6th. Finally, Shore Capital reiterated a hold rating on shares of Tp Icap Plc in a research report on Friday, January 6th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. Tp Icap Plc presently has a consensus rating of Hold and a consensus price target of GBX 510.40 ($6.30).
Tp Icap Plc (LON:TCAP) opened at 458.00 on Wednesday. Tp Icap Plc has a 12 month low of GBX 270.80 and a 12 month high of GBX 497.50. The stock’s 50 day moving average price is GBX 478.60 and its 200 day moving average price is GBX 421.40. The company’s market capitalization is GBX 2537.93 billion.
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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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