TP ICAP Group PLC (OTCMKTS:TCAPF – Get Free Report)’s share price rose 14.3% during mid-day trading on Wednesday . The stock traded as high as $4.0050 and last traded at $4.00. Approximately 10,566 shares changed hands during trading, an increase of 2,013% from the average daily volume of 500 shares. The stock had previously closed at $3.50.
Analysts Set New Price Targets
Separately, Investec cut shares of TP ICAP Group to a “hold” rating in a report on Wednesday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.
Read Our Latest Stock Analysis on TCAPF
TP ICAP Group Trading Up 14.3%
About TP ICAP Group
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. The Global Broking division operates in rates, foreign exchange (FX) and money markets, equities, and credit products; and offers broking, facilitating price discovery, and liquidity services.
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