Numis Securities Reaffirms “Add” Rating for Tp Icap (TCAP)

Numis Securities restated their add rating on shares of Tp Icap (LON:TCAP) in a research note issued to investors on Friday. Numis Securities currently has a GBX 600 ($8.14) price target on the stock.

A number of other analysts have also recently issued reports on TCAP. Macquarie cut shares of Tp Icap to a neutral rating and set a GBX 503 ($6.82) target price for the company. in a research note on Monday, October 9th. Liberum Capital restated a buy rating and set a GBX 580 ($7.87) target price on shares of Tp Icap in a research note on Friday, October 27th. Shore Capital restated a sell rating on shares of Tp Icap in a research note on Friday, November 3rd. Peel Hunt restated a reduce rating and set a GBX 435 ($5.90) target price on shares of Tp Icap in a research note on Friday, November 3rd. Finally, Barclays restated an underweight rating and set a GBX 430 ($5.83) target price on shares of Tp Icap in a research note on Monday, November 6th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. Tp Icap currently has an average rating of Hold and a consensus price target of GBX 523.80 ($7.10).

Tp Icap (TCAP) remained flat at $GBX 530.20 ($7.19) during midday trading on Friday. The stock had a trading volume of 1,404,418 shares, compared to its average volume of 931,256. The company has a market cap of $2,940.00 and a price-to-earnings ratio of 3,313.75. Tp Icap has a 52 week low of GBX 436.20 ($5.92) and a 52 week high of GBX 547.50 ($7.42).

In other Tp Icap news, insider Rupert Robson purchased 10,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were acquired at an average cost of GBX 509 ($6.90) per share, with a total value of £50,900 ($69,026.31).

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About Tp Icap

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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