ICAP plc Downgraded to “Sell” at UBS AG (IAP)
ICAP plc (LON: IAP) was downgraded by equities research analysts at UBS AG to a “sell” rating in a research note issued to investors on Monday. They currently have a $4.55 (305 GBX) price target on the stock, down from their previous price target of $4.93 (330 GBX).
A number of other analysts have also recently weighed in on IAP. Analysts at Espirito Santo Execution reiterated a “sell” rating on shares of ICAP plc in a research note to investors on Thursday. They now have a $4.06 price target on the stock. Separately, analysts at Numis Securities Ltd downgraded shares of ICAP plc to a “reduce” rating in a research note to investors on Tuesday, February 12th. They now have a $4.62 price target on the stock. Finally, analysts at Barclays Capital raised their price target on shares of ICAP plc from $5.79 to $6.11 in a research note to investors on Monday, February 11th. They now have an “overweight” rating on the stock.
Shares of ICAP plc opened at 331.10 on Monday. ICAP plc has a 52 week low of GBX 272.80 and a 52 week high of GBX 431.673. The stock’s 50-day moving average is currently GBX 335.9. The company’s market cap is £2.122 billion.
ICAP plc is an interdealer broker and provider of post trade risk and information services. The Company operates in three segments: Voice, Electronic and Post trade risk and information.
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