November 30, 2016 - By Peter Erickson
The firm have set price target of GBX 360.00 on Tullett Prebon PLC (LON:TLPR) shares. This is -19.97% from the previous close. In a research report issued on Wednesday morning, Barclays Capital reconfirmed their Underweight rating on shares of TLPR.
Out of 11 analysts covering Tullett Prebon PLC (LON:TLPR), 4 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 36% are positive. GBX 470 is the highest target while GBX 280 is the lowest. The GBX 402.90 average target is -8.72% below today’s (GBX 441.4) stock price. Tullett Prebon PLC has been the topic of 60 analyst reports since July 28, 2015 according to StockzIntelligence Inc. On Thursday, May 12 the stock rating was maintained by Liberum Capital with “Hold”. Liberum Capital maintained Tullett Prebon Plc (LON:TLPR) rating on Tuesday, August 2. Liberum Capital has “Buy” rating and GBX 353 price target. The stock has “Underweight” rating given by Barclays Capital on Thursday, June 30. The firm has “Equal Weight” rating by Morgan Stanley given on Wednesday, August 12. The stock of Tullett Prebon Plc (LON:TLPR) earned “Outperform” rating by Macquarie Research on Thursday, July 21. Peel Hunt maintained Tullett Prebon Plc (LON:TLPR) on Thursday, May 12 with “Hold” rating. As per Friday, September 9, the company rating was maintained by Numis Securities. The stock of Tullett Prebon Plc (LON:TLPR) earned “Buy” rating by Numis Securities on Thursday, November 5. The firm earned “Buy” rating on Thursday, September 15 by Liberum Capital. The firm has “Hold” rating by Peel Hunt given on Friday, November 4.
About 362,317 shares traded hands. Tullett Prebon Plc (LON:TLPR) has risen 29.61% since May 2, 2016 and is uptrending. It has outperformed by 24.39% the S&P500.
Tullett Prebon plc is a United Kingdom interdealer broker. The company has a market cap of 1.08 billion GBP. The Firm acts as an intermediary in the wholesale over-the-counter and exchange traded financial and commodity markets, facilitating the trading activities of its clients, in particular commercial and investment banks. It has a 47.77 P/E ratio. It operates in the Europe and the Middle East; Americas, and Asia Pacific divisions.
More important recent Tullett Prebon Plc (LON:TLPR) news were published by: Wsj.com which released: “ICAP to Sell Brokering Unit to Tullett Prebon” on November 11, 2015, also Bloomberg.com published article titled: “CMA Approves Tullett Prebon’s Bid for ICAP Voice Broking Unit”, Fool.Co.Uk published: “ICAP plc’s sales surge by 11% ahead of Tullett Prebon plc deal” on November 16, 2016. More interesting news about Tullett Prebon Plc (LON:TLPR) was released by: Bloomberg.com and their article: “Tullett Prebon May Purchase ICAP’s Voice-Broking Business” with publication date: November 06, 2015.
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