Peel Hunt Reconfirmed Tullett Prebon PLC (LON:TLPR) As a Hold; They Now Have a Target Of GBX 355.00

Share

Tullett Prebon PLC (LON:TLPR) Rating Reaffirmed

Tullett Prebon PLC (LON:TLPR) just had their share rating of a ‘Hold’ issued by research analysts at Peel Hunt, who now has a GBX 355.00 target PPS on the 854.01 million GBP market cap company or a 1.23% upside potential. This key information was revealed to investors in analysts note on Monday, 7 December.

From a total of 9 analysts covering Tullett Prebon PLC (LON:TLPR) stock, 1 rate it a ”Buy”, 1 a “Sell”, and 8 a ”Hold”. This means that 10% of the ratings are positive. The highest target price is GBX 433 while the lowest target price is GBX 295. The mean of all analyst targets is GBX 379.78 with a 7.82% above today’s (GBX 350.7) stock price. Tullett Prebon PLC was the topic of 17 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Peel Hunt maintained shares on December 7 with “Hold” rating. Morgan Stanley maintained shares with “Equalwt/In-Line” rating and GBX 433 target share price in a report from a November 6. Barclays Capital maintained TLPR stock in a recent report from November 11 with “Underweight” rating. Numis Securities upgraded the rating on November 5. Numis Securities has a “Buy” rating and a GBX 450 price target on shares. Finally, Liberum Capital maintained the stock with “Hold” rating in a report issued on a November 9.

The stock closed the day at GBX 350.7 during the previous session. It is down 6.88% since May 8, 2015 and is downtrending. It has underperformed by 5.80% the S&P500.

Peel Hunt Reconfirmed Tullett Prebon PLC (LON:TLPR) As a Hold; They Now Have a Target Of GBX 355.00

Tullett Prebon plc is a United Kingdom interdealer broker. The company has a market cap of 854.01 million 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 7.7 P/E ratio. It operates in the Europe and the Middle East; Americas, and Asia Pacific divisions.

COMMENTS: