TP ICAP Group (LON:TCAP) Posts Quarterly Earnings Results

TP ICAP Group (LON:TCAPGet Free Report) announced its earnings results on Friday. The company reported GBX 19.30 EPS for the quarter, Digital Look Earnings reports. TP ICAP Group had a net margin of 7.69% and a return on equity of 9.39%.

TP ICAP Group Stock Performance

Shares of TP ICAP Group stock opened at GBX 324.80 on Friday. The company’s 50 day moving average price is GBX 340.33 and its two-hundred day moving average price is GBX 301.41. The firm has a market capitalization of £2.36 billion, a P/E ratio of 13.42, a P/E/G ratio of 0.49 and a beta of 0.36. TP ICAP Group has a fifty-two week low of GBX 235.50 and a fifty-two week high of GBX 355. The company has a debt-to-equity ratio of 49.55, a current ratio of 30.33 and a quick ratio of 0.97.

Analyst Upgrades and Downgrades

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

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