TP ICAP Group PLC (LON:TCAP – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 348 and last traded at GBX 342.60, with a volume of 627378 shares trading hands. The stock had previously closed at GBX 344.20.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 415 target price on shares of TP ICAP Group in a report on Monday, June 8th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 365.25.
Read Our Latest Research Report on TCAP
TP ICAP Group Price Performance
TP ICAP Group (LON:TCAP – Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The company reported GBX 33.50 earnings per share (EPS) for the quarter. TP ICAP Group had a return on equity of 9.39% and a net margin of 7.69%. Research analysts expect that TP ICAP Group PLC will post 31.0273973 EPS for the current year.
TP ICAP Group declared that its board has authorized a share repurchase program on Thursday, March 12th that permits the company to buyback 0 shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.
About TP ICAP Group
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