Tullett Prebon Plc (TLPR) Receives “Underweight” Rating from Barclays PLC
Tullett Prebon Plc (LON:TLPR)‘s stock had its “underweight” rating restated by investment analysts at Barclays PLC in a research note issued on Wednesday. They presently have a GBX 360 ($4.47) price objective on the stock. Barclays PLC’s price objective points to a potential downside of 18.00% from the stock’s current price.
Other analysts also recently issued reports about the company. Numis Securities Ltd reissued a “buy” rating and issued a GBX 450 ($5.58) price objective on shares of Tullett Prebon Plc in a research note on Tuesday, August 2nd. Societe Generale reissued a “hold” rating and issued a GBX 355 ($4.40) price objective (up from GBX 335 ($4.16)) on shares of Tullett Prebon Plc in a research note on Wednesday, August 3rd. Peel Hunt reissued a “hold” rating and issued a GBX 355 ($4.40) price objective on shares of Tullett Prebon Plc in a research note on Tuesday, August 2nd. Liberum Capital reissued a “buy” rating and issued a GBX 353 ($4.38) price objective on shares of Tullett Prebon Plc in a research note on Tuesday, August 2nd. Finally, Citigroup Inc. reissued a “neutral” rating and issued a GBX 390 ($4.84) price objective on shares of Tullett Prebon Plc in a research note on Friday, November 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 399.56 ($4.96).
Shares of Tullett Prebon Plc (LON:TLPR) opened at 439.00 on Wednesday. The company’s 50-day moving average price is GBX 383.52 and its 200 day moving average price is GBX 349.91. The firm’s market capitalization is GBX 1.07 billion. Tullett Prebon Plc has a 12-month low of GBX 270.80 and a 12-month high of GBX 440.30.
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About Tullett Prebon Plc
Tullett Prebon plc is a United Kingdom-based interdealer broker. The Company 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 operates in the Europe and the Middle East; Americas, and Asia Pacific segments.
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