Shore Capital restated their buy rating on shares of TP ICAP Group (LON:TCAP - Free Report) in a research note released on Tuesday, Marketbeat Ratings reports.
TP ICAP Group Price Performance
Shares of LON TCAP traded down GBX 7.50 ($0.10) during midday trading on Tuesday, hitting GBX 255.50 ($3.31). 2,374,143 shares of the company's stock were exchanged, compared to its average volume of 4,489,621. The firm's fifty day simple moving average is GBX 264.91 and its 200-day simple moving average is GBX 252.16. The company has a market cap of £1.92 billion, a PE ratio of 19.84, a P/E/G ratio of 0.49 and a beta of 0.65. TP ICAP Group has a twelve month low of GBX 192 ($2.49) and a twelve month high of GBX 277.50 ($3.59).
TP ICAP Group (LON:TCAP - Get Free Report) last announced its quarterly earnings results on Wednesday, March 12th. The company reported GBX 31.80 ($0.41) EPS for the quarter. TP ICAP Group had a net margin of 4.54% and a return on equity of 4.82%. Equities analysts anticipate that TP ICAP Group will post 31.0273973 EPS for the current fiscal year.
TP ICAP Group announced that its Board of Directors has authorized a share repurchase plan on Tuesday, March 11th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.
TP ICAP Group Company Profile
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