Shore Capital reiterated their buy rating on shares of TP ICAP Group (LON:TCAP – Free Report) in a research report report published on Wednesday morning, Marketbeat.com reports.
Separately, Canaccord Genuity Group lifted their price target on shares of TP ICAP Group from GBX 256 ($3.27) to GBX 326 ($4.17) and gave the stock a buy rating in a research note on Monday, May 13th.
Check Out Our Latest Report on TCAP
TP ICAP Group Stock Performance
TP ICAP Group Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be issued a GBX 4.80 ($0.06) dividend. This represents a dividend yield of 2.27%. The ex-dividend date is Thursday, October 3rd. TP ICAP Group’s payout ratio is currently 16,666.67%.
TP ICAP Group Company Profile
TP ICAP Group PLC provides intermediary services, contextual insights, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Global Broking, Energy & Commodities, Liquidnet, and Parameta Solutions divisions.
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