Key Equity Analysts at Societe Generale Kept their ‘Hold’ rating for ICAP (LON:IAP) Shares Today. Their Price Objective Given is GBX 530

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ICAP (LON:IAP) Rating Reaffirmed

They currently have a GBX 530 target on ICAP (LON:IAP). The target price by Societe Generale would suggest a potential upside of 6.13% from the company’s stock close price. This has been revealed in a very recent research note on Friday morning.

From a total of 12 analysts covering ICAP PLC (LON:IAP) stock, 0 rate it a ”Buy”, 1 a “Sell”, and 9 a ”Hold”. This means that 0% of the ratings are positive. The highest target price is GBX 600 while the lowest target price is GBX 440. The mean of all analyst targets is GBX 514.42 with a 2.09% above today’s (GBX 498.8) stock price. ICAP PLC was the topic of 14 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Citigroup upgraded shares on November 20 to “Buy” rating. Barclays Capital maintained shares with “Equal Weight” rating and GBX 500 target share price in a report from a November 11. Morgan Stanley maintained IAP stock in a recent report from November 11 with “Underwt/In-Line” rating. Credit Suisse maintained the rating on November 9. Credit Suisse has a “Neutral” rating and a GBX 510 price target on shares. Finally, Shore Capital maintained the stock with “Hold” rating in a report issued on a November 11.

Approximately 160,621 shares of stock traded hands. ICAP plc (LON:IAP) has declined 7.58% since May 7, 2015 and is downtrending. It has underperformed by 4.80% the S&P500.

Key Equity Analysts at Societe Generale Kept their ‘Hold’ rating for ICAP (LON:IAP) Shares Today. Their Price Objective Given is GBX 530

ICAP plc is an operator and provider of post trade risk mitigation and information services for wholesale market participants throughout the trade life cycle. The company has a market cap of 3.22 billion GBP. The Company’s divisions are Global Broking, Electronic Markets, and Post Trade Risk and Information. It has 24.77 P/E ratio. The Company’s brokers locate and identify potential trading interest and in so doing create transparency and liquidity, and facilitate the price discovery process.

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