Tp Icap (LON:TCAP) Shares Down 0.5%

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Tp Icap Plc (LON:TCAP)’s stock price fell 0.5% during trading on Monday . The stock traded as low as GBX 401.50 ($5.28) and last traded at GBX 401.50 ($5.28), 605,319 shares traded hands during trading. A decline of 66% from the average session volume of 1,770,000 shares. The stock had previously closed at GBX 403.70 ($5.31).

Several research firms have recently commented on TCAP. Peel Hunt reaffirmed a “buy” rating on shares of Tp Icap in a report on Monday, December 23rd. HSBC upped their target price on Tp Icap from GBX 400 ($5.26) to GBX 420 ($5.52) and gave the company a “buy” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. began coverage on Tp Icap in a report on Thursday, December 5th. They set an “overweight” rating and a GBX 450 ($5.92) target price for the company. Finally, Shore Capital lowered Tp Icap to a “sell” rating in a report on Monday, December 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Tp Icap currently has an average rating of “Hold” and a consensus price target of GBX 381 ($5.01).

The company has a market capitalization of $2.28 billion and a P/E ratio of 26.70. The company has a fifty day moving average price of GBX 403.05 and a 200 day moving average price of GBX 343.03. The company has a debt-to-equity ratio of 48.69, a current ratio of 1.01 and a quick ratio of 1.01.

About Tp Icap (LON:TCAP)

TP ICAP plc, through its portfolio of businesses, provides intermediary services, contextual insights and intelligence, trade execution solutions, and data and analytics. It operates in four divisions: Global Broking, Energy & Commodities, Institutional Services, and Data & Analytics. The Global Broking division offers professional intermediary services that enable buyers and sellers to execute trades covering rates, foreign exchange and money markets, local markets, equities, and credit asset classes.

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