TP ICAP Group (LON:TCAP - Get Free Report) had its price objective raised by equities research analysts at Canaccord Genuity Group from GBX 256 ($3.22) to GBX 326 ($4.09) in a report released on Monday, Digital Look reports. The brokerage presently has a "buy" rating on the stock. Canaccord Genuity Group's price objective would suggest a potential upside of 45.21% from the stock's previous close.
Separately, Shore Capital reissued a "buy" rating on shares of TP ICAP Group in a research note on Tuesday, March 12th.
View Our Latest Stock Analysis on TP ICAP Group
TP ICAP Group Stock Up 1.1 %
TP ICAP Group stock traded up GBX 2.50 ($0.03) during mid-day trading on Monday, hitting GBX 224.50 ($2.82). The company's stock had a trading volume of 758,470 shares, compared to its average volume of 1,372,366. The firm's 50 day moving average is GBX 214.24 and its 200 day moving average is GBX 194.21. The company has a market cap of £1.74 billion, a PE ratio of 2,494.44, a price-to-earnings-growth ratio of 0.49 and a beta of 0.63. The company has a debt-to-equity ratio of 138.55, a current ratio of 1.29 and a quick ratio of 0.97. TP ICAP Group has a 52-week low of GBX 140.60 ($1.77) and a 52-week high of GBX 230.51 ($2.90).
Insider Activity
In other news, insider Nicolas Breteau sold 122,392 shares of the stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of GBX 223 ($2.80), for a total transaction of £272,934.16 ($342,795.98). 0.57% of the stock is currently owned by insiders.
TP ICAP Group Company Profile
(
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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.
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