Tp Icap Plc’s (TCAP) “Hold” Rating Reaffirmed at Societe Generale

Tp Icap Plc (LON:TCAP)‘s stock had its “hold” rating restated by analysts at Societe Generale in a report issued on Monday. They currently have a GBX 495 ($6.53) price objective on the stock. Societe Generale’s price objective would indicate a potential upside of 0.28% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Numis Securities Ltd upped their price target on shares of Tp Icap Plc from GBX 540 ($7.13) to GBX 600 ($7.92) and gave the stock an “add” rating in a research report on Wednesday, November 1st. Liberum Capital restated a “buy” rating and set a GBX 580 ($7.65) price target on shares of Tp Icap Plc in a research report on Tuesday, August 8th. Citigroup Inc. increased their price objective on shares of Tp Icap Plc from GBX 435 ($5.74) to GBX 485 ($6.40) and gave the company a “neutral” rating in a report on Tuesday, July 11th. Macquarie downgraded shares of Tp Icap Plc to a “neutral” rating and set a GBX 503 ($6.64) price objective for the company. in a report on Monday, October 9th. Finally, Royal Bank Of Canada increased their price objective on shares of Tp Icap Plc from GBX 525 ($6.93) to GBX 550 ($7.26) and gave the company an “outperform” rating in a report on Tuesday, September 12th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 523.80 ($6.91).

Tp Icap Plc (TCAP) opened at GBX 493.60 ($6.51) on Monday. Tp Icap Plc has a 1 year low of GBX 354.50 ($4.68) and a 1 year high of GBX 547.50 ($7.22).

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Tp Icap Plc 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.

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