TP ICAP Group (OTCMKTS:TCAPF) Stock Price Up 1.3% – Here’s What Happened

Shares of TP ICAP Group PLC (OTCMKTS:TCAPFGet Free Report) rose 1.3% during mid-day trading on Tuesday . The stock traded as high as $4.56 and last traded at $4.56. Approximately 750 shares traded hands during trading, a decline of 91% from the average session volume of 7,917 shares. The stock had previously closed at $4.50.

Analysts Set New Price Targets

A number of analysts have commented on TCAPF shares. Investec downgraded TP ICAP Group to a “hold” rating in a research report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft assumed coverage on TP ICAP Group in a research report on Monday, June 8th. They issued a “buy” rating for the company. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, TP ICAP Group has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on TCAPF

TP ICAP Group Price Performance

The business’s 50-day moving average price is $4.56 and its two-hundred day moving average price is $3.98.

About TP ICAP Group

(Get Free Report)

TP ICAP Group PLC provides intermediary services, contextual insights, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Global Broking, Energy & Commodities, Liquidnet, and Parameta Solutions divisions. The Global Broking division operates in rates, foreign exchange (FX) and money markets, equities, and credit products; and offers broking, facilitating price discovery, and liquidity services.

Further Reading

Receive News & Ratings for TP ICAP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TP ICAP Group and related companies with MarketBeat.com's FREE daily email newsletter.