Societe Generale Reiterates Hold Rating for Tp Icap Plc (TCAP)

Societe Generale reaffirmed their hold rating on shares of Tp Icap Plc (LON:TCAP) in a research note published on Monday, November 6th. Societe Generale currently has a GBX 495 ($6.51) price objective on the stock.

TCAP has been the topic of a number of other reports. Liberum Capital reaffirmed a buy rating and set a GBX 580 ($7.63) target price on shares of Tp Icap in a research report on Wednesday, August 30th. Royal Bank Of Canada lifted their price objective on shares of Tp Icap from GBX 525 ($6.91) to GBX 550 ($7.23) and gave the company an outperform rating in a report on Tuesday, September 12th. Morgan Stanley reissued an overweight rating and set a GBX 620 ($8.15) price objective on shares of Tp Icap in a report on Friday, September 1st. Barclays PLC reissued an underweight rating and set a GBX 430 ($5.66) price objective on shares of Tp Icap in a report on Monday, November 6th. Finally, Shore Capital reissued a sell rating on shares of Tp Icap in a report on Friday, November 3rd. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 523.80 ($6.89).

Shares of Tp Icap (TCAP) traded down GBX 1.20 ($0.02) during midday trading on Monday, reaching GBX 485.20 ($6.38). 531,371 shares of the company’s stock traded hands, compared to its average volume of 1,460,000. Tp Icap has a twelve month low of GBX 410.20 ($5.40) and a twelve month high of GBX 547.50 ($7.20).

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About Tp Icap

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 (LON:TCAP)

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