TP ICAP Group (LON:TCAP) Trading Down 0.2% – What’s Next?

TP ICAP Group PLC (LON:TCAPGet Free Report)’s share price dropped 0.2% during mid-day trading on Friday . The company traded as low as GBX 253 and last traded at GBX 256.50. Approximately 839,268 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 2,193,456 shares. The stock had previously closed at GBX 257.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Peel Hunt reissued a “buy” rating and issued a GBX 337 price objective on shares of TP ICAP Group in a report on Wednesday, November 5th. Shore Capital reiterated a “buy” rating and issued a GBX 335 price target on shares of TP ICAP Group in a report on Wednesday, November 5th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, TP ICAP Group has an average rating of “Buy” and an average target price of GBX 348.67.

Check Out Our Latest Analysis on TP ICAP Group

TP ICAP Group Price Performance

The stock’s fifty day simple moving average is GBX 251.41 and its 200-day simple moving average is GBX 269.53. The stock has a market cap of £1.91 billion, a P/E ratio of 11.40, a PEG ratio of 0.49 and a beta of 0.65.

About TP ICAP Group

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