TP ICAP Group PLC (LON:TCAP – Get Free Report)’s stock price fell 1.4% on Friday. The stock traded as low as GBX 316.60 and last traded at GBX 320.20. Approximately 827,820 shares changed hands during trading, a decline of 84% from the average session volume of 5,239,230 shares. The stock had previously closed at GBX 324.80.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 415 target price on shares of TP ICAP Group in a research note on Friday, August 7th. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat, TP ICAP Group currently has an average rating of “Buy” and an average target price of GBX 362.33.
Check Out Our Latest Stock Report on TCAP
TP ICAP Group Trading Down 1.4%
The firm has a market capitalization of £2.28 billion, a PE ratio of 12.71, a price-to-earnings-growth ratio of 0.49 and a beta of 0.34. The stock’s 50-day moving average price is GBX 327.20 and its 200 day moving average price is GBX 308.05. The company has a debt-to-equity ratio of 57.54, a current ratio of 28.35 and a quick ratio of 0.97.
TP ICAP Group (LON:TCAP – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported GBX 19.30 earnings per share for the quarter. TP ICAP Group had a net margin of 7.57% and a return on equity of 9.51%. On average, sell-side analysts expect that TP ICAP Group PLC will post 31.03 EPS for the current fiscal year.
TP ICAP Group Company Profile
Further Reading
- Five stocks we like better than TP ICAP Group
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
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.
