TP ICAP Group (LON:TCAP) Issues Quarterly Earnings Results

TP ICAP Group (LON:TCAPGet Free Report) issued its quarterly earnings data on Friday. The company reported GBX 19.30 EPS for the quarter, Digital Look Earnings reports. TP ICAP Group had a net margin of 7.69% and a return on equity of 9.39%.

TP ICAP Group Stock Performance

TCAP stock traded up GBX 7 during trading on Friday, hitting GBX 324.80. 2,476,977 shares of the company’s stock traded hands, compared to its average volume of 5,510,777. The company has a quick ratio of 0.97, a current ratio of 30.33 and a debt-to-equity ratio of 49.55. TP ICAP Group has a 52 week low of GBX 235.50 and a 52 week high of GBX 355. The stock has a fifty day moving average price of GBX 339.94 and a two-hundred day moving average price of GBX 301.24. The stock has a market capitalization of £2.36 billion, a price-to-earnings ratio of 13.42, a price-to-earnings-growth ratio of 0.49 and a beta of 0.36.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 415 target price on shares of TP ICAP Group in a research report on Friday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 362.33.

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