TP ICAP Group (LON:TCAP) Announces Earnings Results

TP ICAP Group (LON:TCAPGet Free Report) posted its quarterly earnings data on Friday. The company reported GBX 19.30 EPS for the quarter, Digital Look Earnings reports. TP ICAP Group had a net margin of 7.69% and a return on equity of 9.39%.

TP ICAP Group Stock Up 2.2%

LON:TCAP opened at GBX 324.80 on Friday. The company has a market cap of £2.36 billion, a price-to-earnings ratio of 13.42, a price-to-earnings-growth ratio of 0.49 and a beta of 0.36. TP ICAP Group has a twelve month low of GBX 235.50 and a twelve month high of GBX 355. The company has a current ratio of 30.33, a quick ratio of 0.97 and a debt-to-equity ratio of 49.55. The stock has a fifty day simple moving average of GBX 340.33 and a 200-day simple moving average of GBX 301.41.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 415 target price on shares of TP ICAP Group in a research note on Friday. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, TP ICAP Group has an average rating of “Buy” and a consensus target price of GBX 362.33.

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