TP ICAP Group (LON:TCAP) Reaches New 1-Year High – Here’s What Happened

TP ICAP Group PLC (LON:TCAP) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 353.40 and last traded at GBX 353.40, with a volume of 459499 shares. The stock had previously closed at GBX 349.80.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 415 price objective on shares of TP ICAP Group in a report on Monday, June 8th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 365.25.

TP ICAP Group Price Performance

The stock has a fifty day moving average of GBX 329.21 and a 200 day moving average of GBX 289.74. The stock has a market cap of £2.58 billion, a price-to-earnings ratio of 14.59, a P/E/G ratio of 0.49 and a beta of 0.36. The company has a debt-to-equity ratio of 49.55, a current ratio of 30.33 and a quick ratio of 0.97.

About TP ICAP Group