Barclays PLC reiterated their overweight rating on shares of ICAP plc (LON:IAP) in a report issued on Thursday morning. The firm currently has a GBX 540 ($7.05) target price on the stock.

IAP has been the subject of a number of other reports. Bank of America Corp. upgraded ICAP plc to a buy rating and set a GBX 500 ($6.53) price target for the company in a research note on Tuesday, June 21st. Liberum Capital restated a buy rating and issued a GBX 506 ($6.60) price target on shares of ICAP plc in a research note on Tuesday, July 5th. BNP Paribas restated a neutral rating and issued a GBX 475 ($6.20) price target on shares of ICAP plc in a research note on Monday, June 13th. Credit Suisse Group AG restated a neutral rating and issued a GBX 450 ($5.87) price target on shares of ICAP plc in a research note on Tuesday, July 12th. Finally, Shore Capital restated a hold rating on shares of ICAP plc in a research note on Wednesday, July 13th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of GBX 487.42 ($6.36).

Shares of ICAP plc (LON:IAP) opened at 483.20 on Thursday. The company’s market capitalization is GBX 3.13 billion. The firm has a 50-day moving average price of GBX 470.98 and a 200-day moving average price of GBX 452.56. ICAP plc has a 12 month low of GBX 364.30 and a 12 month high of GBX 517.50.

In related news, insider Spencer,Michael Alan acquired 100,000 shares of the company’s stock in a transaction on Monday, June 27th. The stock was purchased at an average cost of GBX 392 ($5.12) per share, with a total value of £392,000 ($511,682.55). Also, insider Gregson,Charles Henry acquired 4,184 shares of the company’s stock in a transaction on Friday, July 22nd. The stock was bought at an average cost of GBX 462 ($6.03) per share, with a total value of £19,330.08 ($25,231.80).

About ICAP plc

ICAP plc (ICAP) is an operator and provider of post trade risk mitigation and information services for wholesale market participants throughout the trade life cycle. The Company’s segments are Global Broking, Electronic Markets, and Post Trade Risk and Information. The Company’s brokers locate and identify potential trading interest and in so doing create transparency and liquidity, and facilitate the price discovery process.

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