Tp Icap Plc (LON:TCAP) has received an average rating of “Hold” from the ten analysts that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 519.38 ($6.71).

TCAP has been the topic of several analyst reports. Liberum Capital reaffirmed a “buy” rating and issued a GBX 580 ($7.49) target price on shares of Tp Icap Plc in a report on Wednesday, August 30th. Morgan Stanley reissued an “overweight” rating and set a GBX 620 ($8.01) price objective on shares of Tp Icap Plc in a report on Friday, September 1st. Royal Bank Of Canada initiated coverage on shares of Tp Icap Plc in a report on Wednesday, May 31st. They set an “outperform” rating and a GBX 525 ($6.78) price objective on the stock. Numis Securities Ltd reissued an “add” rating and set a GBX 540 ($6.97) price objective on shares of Tp Icap Plc in a report on Tuesday, August 8th. Finally, Citigroup Inc. boosted their price objective on shares of Tp Icap Plc from GBX 435 ($5.62) to GBX 485 ($6.26) and gave the stock a “neutral” rating in a report on Tuesday, July 11th.

COPYRIGHT VIOLATION WARNING: This news story was first published by Daily Political and is the property of of Daily Political. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this news story can be viewed at https://www.dailypolitical.com/2017/09/11/tp-icap-plc-tcap-given-consensus-rating-of-hold-by-brokerages.html.

Shares of Tp Icap Plc (TCAP) traded up 0.41% on Wednesday, hitting GBX 494.00. 1,237,859 shares of the company’s stock were exchanged. Tp Icap Plc has a 12-month low of GBX 329.60 and a 12-month high of GBX 501.50. The company’s 50-day moving average price is GBX 482.26 and its 200 day moving average price is GBX 471.83. The stock’s market cap is GBX 2.74 billion.

Tp Icap Plc (LON:TCAP) last issued its earnings results on Tuesday, August 8th. The company reported $0.18 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.18. Tp Icap Plc had a net margin of 5.62% and a return on equity of 6.04%. On average, equities analysts predict that Tp Icap Plc will post $38.78 earnings per share for the current fiscal year.

The business also recently disclosed a dividend, which will be paid on Friday, November 10th. Investors of record on Thursday, October 12th will be issued a dividend of GBX 5.60 ($0.07) per share. This represents a yield of 1.13%. The ex-dividend date is Thursday, October 12th.

About Tp Icap Plc

TP ICAP plc, formerly Tullett Prebon plc, is a United Kingdom-based interdealer broker. The Company acts as an intermediary in the wholesale over-the-counter and exchange traded financial and commodity markets, facilitating the trading activities of its clients, in particular commercial and investment banks.

Analyst Recommendations for Tp Icap Plc (LON:TCAP)

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