Peel Hunt Reiterates Buy Rating for Tp Icap (TCAP)

Tp Icap (LON:TCAP)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a research note issued on Friday.

A number of other analysts have also weighed in on TCAP. Shore Capital reiterated a “sell” rating on shares of Tp Icap in a research note on Tuesday, July 10th. Numis Securities reiterated an “under review” rating on shares of Tp Icap in a research note on Tuesday, July 10th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 498.57 ($6.51).

LON:TCAP opened at GBX 292.90 ($3.83) on Friday. Tp Icap has a 1-year low of GBX 438.79 ($5.73) and a 1-year high of GBX 560.60 ($7.33).

In other news, insider Rupert Robson purchased 13,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 7th. The shares were bought at an average price of GBX 287 ($3.75) per share, for a total transaction of £37,310 ($48,752.12). Also, insider Robin Stewart purchased 12,000 shares of the company’s stock in a transaction that occurred on Friday, August 31st. The shares were purchased at an average price of GBX 286 ($3.74) per share, for a total transaction of £34,320 ($44,845.16). In the last 90 days, insiders have purchased 100,046 shares of company stock worth $28,478,978.

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. The company operates in four divisions: Global Broking, Energy & Commodities, Institutional Services, and Data & Analytics.

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Analyst Recommendations for Tp Icap (LON:TCAP)

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