Brokerages Set TP ICAP Group PLC (LON:TCAP) PT at GBX 278

Shares of TP ICAP Group PLC (LON:TCAPGet Rating) have been given a consensus recommendation of “Buy” by the six brokerages that are presently covering the company, reports. Six equities research analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 278 ($3.62).

A number of equities research analysts recently commented on TCAP shares. Barclays reiterated an “overweight” rating and issued a GBX 400 ($5.21) target price on shares of TP ICAP Group in a research report on Monday, February 21st. Shore Capital upgraded TP ICAP Group to a “buy” rating in a report on Tuesday, March 22nd.

Shares of TP ICAP Group stock opened at GBX 144.40 ($1.88) on Friday. The company has a quick ratio of 1.30, a current ratio of 1.34 and a debt-to-equity ratio of 133.92. The company has a market cap of £1.14 billion and a P/E ratio of 209.86. The firm’s 50 day moving average price is GBX 132.12 and its 200-day moving average price is GBX 142.22. TP ICAP Group has a 52-week low of GBX 105.20 ($1.37) and a 52-week high of GBX 247.35 ($3.22).

The firm also recently declared a dividend, which will be paid on Tuesday, May 17th. Shareholders of record on Thursday, April 7th will be given a dividend of GBX 5.50 ($0.07) per share. This represents a yield of 4.2%. This is a boost from TP ICAP Group’s previous dividend of $4.00. The ex-dividend date is Thursday, April 7th. TP ICAP Group’s payout ratio is 8.57%.

In other TP ICAP Group news, insider Robin Stewart sold 32,926 shares of TP ICAP Group stock in a transaction on Wednesday, March 30th. The shares were sold at an average price of GBX 147 ($1.92), for a total value of £48,401.22 ($63,071.70).

TP ICAP Group Company Profile (Get Rating)

TP ICAP Group PLC provides intermediary services, contextual insights and intelligence, 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 in Global Broking, Energy & Commodities, Agency Execution, and Parameta Solutions divisions.

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Analyst Recommendations for TP ICAP Group (LON:TCAP)

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