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ICAP PLC (LON:IAP) target price raised to 490.00GBX, reported today by Citigroup

Yesterday ICAP PLC (LON:IAP) traded -1.51% lower at 0.00GBX. The company’s 50-day moving average is 477.40GBX and its 200-day moving average is 453.23GBX. The last stock close price is down 5.40% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 623,362 shares of the stock were exchanged, down from an average trading volume of 1,082,420

ICAP PLC (LON:IAP) had its target price raised to 490.00GBX by Citigroup in a report released 09/28/2016. The new target price indicates steady performance relative to the company's last stock close price.

Previously on Thursday September 15, 2016, Barclays Capital reported about ICAP PLC (LON:IAP) held steady the target price at 540.00GBX. At the time, this indicated a possible upside of 0%.

See Chart Below

ICAP PLC (LON:IAP)

ICAP PLC has a 52 week low of 364.30GBX and a 52 week high of 517.50GBX with a P/E ratio of 44.64 The company’s market cap is currently 0 GBX.

In addition to Citigroup reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is 480.42GBX with 3 firms rating the stock a strong buy, 0 firms rating the stock a buy, 9 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About ICAP PLC (LON:IAP)

ICAP plc is a markets, technology and risk solutions company. The Company provides trade execution platforms and technology-based workflow/risk mitigation solutions to the global financial markets. The Company's segments include Electronic Markets, Post Trade Risk and Information, and Global Broking. Under the Electronics Markets segment, the Company operates a range of electronic platforms in a range of asset classes and instruments. Its Post Trade Risk and Information services help wholesale financial participants to manage operational and system-wide risks. Under the Global Broking segment, market participants can use its voice and hybrid broking services to assess trading availability and execute trades. Its products include BrokerTec Market, BrokerTec Direct, EBS Hedge, EBS Select and EBS Institutional. The Global Broking segment offers broking services for a range of asset classes, such as Rates, Commodities, Emerging markets, Equities, FX and money markets, and Credit.

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