Tp Icap (TCAP) Earns “Reduce” Rating from Peel Hunt

Tp Icap (LON:TCAP)‘s stock had its “reduce” rating reiterated by stock analysts at Peel Hunt in a report released on Monday. They presently have a GBX 435 ($5.90) price objective on the stock. Peel Hunt’s price target indicates a potential downside of 17.83% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Numis Securities reiterated an “add” rating and issued a GBX 600 ($8.14) price objective on shares of Tp Icap in a report on Thursday, November 30th. Liberum Capital reiterated a “buy” rating and issued a GBX 580 ($7.87) price objective on shares of Tp Icap in a report on Friday, December 8th. Societe Generale reiterated a “hold” rating and issued a GBX 495 ($6.71) price objective on shares of Tp Icap in a report on Monday, November 6th. Macquarie cut shares of Tp Icap to a “neutral” rating and set a GBX 503 ($6.82) price objective for the company. in a report on Monday, October 9th. Finally, Royal Bank of Canada upped their price objective on shares of Tp Icap from GBX 525 ($7.12) to GBX 550 ($7.46) and gave the stock an “outperform” rating in a report on Tuesday, September 12th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 523.80 ($7.10).

Shares of Tp Icap (LON TCAP) opened at GBX 529.40 ($7.18) on Monday. The stock has a market cap of $2,920.00 and a price-to-earnings ratio of 3,308.75. Tp Icap has a fifty-two week low of GBX 436.20 ($5.92) and a fifty-two week high of GBX 547.50 ($7.42).

In other news, insider Rupert Robson purchased 10,000 shares of the firm’s stock in a transaction on Thursday, December 14th. The stock was bought at an average cost of GBX 509 ($6.90) per share, for a total transaction of £50,900 ($69,026.31).

TRADEMARK VIOLATION NOTICE: “Tp Icap (TCAP) Earns “Reduce” Rating from Peel Hunt” was posted by Markets Daily and is the sole property of of Markets Daily. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at

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)

Receive News & Ratings for Tp Icap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tp Icap and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply