TP ICAP Group (LON:TCAP) Shares Climb 0.4% – Still a Buy?

TP ICAP Group PLC (LON:TCAP – Get Free Report) traded up 0.4% during trading on Friday. The stock traded as high as GBX 329 and last traded at GBX 323.20. Approximately 1,677,094 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 5,289,275 shares. The stock had previously closed at GBX 322.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 415 price target on shares of TP ICAP Group in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, TP ICAP Group presently has a consensus rating of “Buy” and an average price target of GBX 362.33.

Check Out Our Latest Research Report on TP ICAP Group

TP ICAP Group Stock Performance

The company has a 50-day moving average of GBX 329.62 and a 200 day moving average of GBX 323.63. The company has a quick ratio of 0.97, a current ratio of 28.35 and a debt-to-equity ratio of 57.54. The firm has a market capitalization of £2.31 billion, a PE ratio of 12.83, a PEG ratio of 0.49 and a beta of 0.35.

TP ICAP Group (LON:TCAP – Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The company reported GBX 19.30 earnings per share (EPS) for the quarter. TP ICAP Group had a return on equity of 9.51% and a net margin of 7.57%. Equities research analysts predict that TP ICAP Group PLC will post 31.03 EPS for the current year.

TP ICAP Group Company Profile

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