Tp Icap (TCAP) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt restated their buy rating on shares of Tp Icap (LON:TCAP) in a report issued on Wednesday, ThisIsMoney.Co.Uk reports.

Other research analysts have also issued research reports about the stock. Numis Securities restated a buy rating and issued a GBX 340 ($4.44) price target on shares of Tp Icap in a research report on Tuesday, March 19th. Shore Capital restated a hold rating on shares of Tp Icap in a research report on Tuesday, March 19th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of Buy and a consensus target price of GBX 400 ($5.23).

Tp Icap stock opened at GBX 279.40 ($3.65) on Wednesday. The company has a current ratio of 1.03, a quick ratio of 0.09 and a debt-to-equity ratio of 84.81. The company has a market capitalization of $1.57 billion and a price-to-earnings ratio of 49.02. Tp Icap has a 1 year low of GBX 245.80 ($3.21) and a 1 year high of GBX 445.90 ($5.83).

The company also recently disclosed a dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Thursday, April 4th will be given a dividend of GBX 11.25 ($0.15) per share. This represents a yield of 3.53%. This is a boost from Tp Icap’s previous dividend of $5.60. The ex-dividend date of this dividend is Thursday, April 4th. Tp Icap’s payout ratio is presently 2.98%.

In other news, insider Richard Berliand acquired 50,000 shares of the stock in a transaction on Thursday, April 11th. The shares were purchased at an average cost of GBX 279 ($3.65) per share, for a total transaction of £139,500 ($182,281.46).

About Tp Icap

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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Analyst Recommendations for Tp Icap (LON:TCAP)

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