TP ICAP Group (LON:TCAP) Stock Price Down 0.2% – Here’s Why

Shares of TP ICAP Group PLC (LON:TCAPGet Free Report) traded down 0.2% during mid-day trading on Friday . The company traded as low as GBX 253 and last traded at GBX 256.50. 839,268 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 2,193,456 shares. The stock had previously closed at GBX 257.

Analyst Ratings Changes

Several equities analysts have recently commented on TCAP shares. Peel Hunt restated a “buy” rating and set a GBX 337 price target on shares of TP ICAP Group in a research report on Wednesday, November 5th. Shore Capital reissued a “buy” rating and set a GBX 335 target price on shares of TP ICAP Group in a research note on Wednesday, November 5th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 348.67.

Get Our Latest Report on TCAP

TP ICAP Group Stock Down 0.2%

The company has a market cap of £1.91 billion, a P/E ratio of 11.40, a PEG ratio of 0.49 and a beta of 0.65. The company has a 50 day moving average price of GBX 251.41 and a 200-day moving average price of GBX 269.53.

About TP ICAP Group

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