TP ICAP Group (LON:TCAP) Issues Earnings Results

TP ICAP Group (LON:TCAPGet Free Report) released 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 traded up GBX 7 during trading on Friday, reaching GBX 324.80. 2,476,977 shares of the company were exchanged, compared to its average volume of 5,510,777. The stock has a market cap of £2.36 billion, a P/E ratio of 13.42, a PEG ratio of 0.49 and a beta of 0.36. The firm has a 50 day moving average of GBX 339.94 and a 200 day moving average of GBX 301.24. TP ICAP Group has a 52 week low of GBX 235.50 and a 52 week high of GBX 355. The company has a current ratio of 30.33, a quick ratio of 0.97 and a debt-to-equity ratio of 49.55.

Analysts Set New Price Targets

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

Read Our Latest Stock Analysis on TCAP

TP ICAP Group Company Profile

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