TP ICAP Group’s (TCAP) Buy Rating Reiterated at Shore Capital

TP ICAP Group (LON:TCAP – Get Rating)‘s stock had its “buy” rating restated by investment analysts at Shore Capital in a report issued on Friday, MarketBeat reports.

Separately, Barclays reiterated an “overweight” rating and set a GBX 400 ($5.00) price objective on shares of TP ICAP Group in a report on Monday, February 21st. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, TP ICAP Group currently has a consensus rating of “Buy” and a consensus price target of GBX 278 ($3.47).

TCAP stock opened at GBX 113.90 ($1.42) on Friday. TP ICAP Group has a 1-year low of GBX 105.20 ($1.31) and a 1-year high of GBX 227.30 ($2.84). The company has a current ratio of 1.36, a quick ratio of 1.30 and a debt-to-equity ratio of 133.92. The firm has a market cap of £898.30 million and a PE ratio of 164.57. The business’s 50-day moving average price is GBX 134.59 and its two-hundred day moving average price is GBX 139.31.

In related news, insider Robin Stewart sold 32,926 shares of the stock in a transaction dated Wednesday, March 30th. The stock was sold at an average price of GBX 147 ($1.84), for a total transaction of £48,401.22 ($60,463.74).

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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