TP ICAP Group (LON:TCAP) Shares Down 5.1% – Time to Sell?

TP ICAP Group PLC (LON:TCAPGet Free Report) was down 5.1% on Thursday . The company traded as low as GBX 313.40 and last traded at GBX 327.60. Approximately 96,717,930 shares changed hands during trading, an increase of 1,472% from the average daily volume of 6,150,938 shares. The stock had previously closed at GBX 345.20.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 415 price target on shares of TP ICAP Group in a research report on Monday, June 8th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, TP ICAP Group presently has an average rating of “Buy” and a consensus target price of GBX 362.33.

View Our Latest Stock Analysis on TP ICAP Group

TP ICAP Group Stock Performance

The firm has a market capitalization of £2.39 billion, a P/E ratio of 13.54, a P/E/G ratio of 0.49 and a beta of 0.36. The stock has a fifty day simple moving average of GBX 339.65 and a two-hundred day simple moving average of GBX 300.74. The company has a debt-to-equity ratio of 49.55, a current ratio of 30.33 and a quick ratio of 0.97.

TP ICAP Group Company Profile

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