Tp Icap’s (TCAP) “Underweight” Rating Reiterated at Barclays

Tp Icap (LON:TCAP)‘s stock had its “underweight” rating reaffirmed by equities research analysts at Barclays in a research note issued on Tuesday. They presently have a GBX 430 ($5.79) price target on the stock. Barclays’ price objective indicates a potential downside of 15.35% from the company’s current price.

Several other equities analysts also recently weighed in on the company. Numis Securities reissued an “add” rating and set a GBX 600 ($8.08) price target on shares of Tp Icap in a research report on Thursday, November 30th. Peel Hunt reissued a “reduce” rating and set a GBX 435 ($5.85) price target on shares of Tp Icap in a research report on Monday, November 20th. Liberum Capital reissued a “buy” rating and set a GBX 580 ($7.81) price target on shares of Tp Icap in a research report on Monday, November 20th. Societe Generale reissued a “hold” rating and set a GBX 495 ($6.66) price target on shares of Tp Icap in a research report on Monday, November 6th. Finally, Shore Capital reissued a “sell” rating on shares of Tp Icap in a research report on Friday, November 3rd. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 523.80 ($7.05).

Tp Icap (TCAP) opened at GBX 508 ($6.84) on Tuesday. Tp Icap has a 1 year low of GBX 410.20 ($5.52) and a 1 year 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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