Travis Perkins plc (TPK) Given “Overweight” Rating at JPMorgan Chase & Co.
JPMorgan Chase & Co. reiterated their overweight rating on shares of Travis Perkins plc (LON:TPK) in a research note published on Tuesday. They currently have a GBX 1,775 ($21.97) price objective on the stock.
Other equities analysts have also recently issued reports about the company. Deutsche Bank AG reiterated a buy rating on shares of Travis Perkins plc in a research report on Monday, June 13th. Liberum Capital reiterated a buy rating and issued a GBX 2,500 ($30.94) price target on shares of Travis Perkins plc in a research report on Thursday, August 25th. Finally, Goodbody reiterated a hold rating on shares of Travis Perkins plc in a research report on Friday, September 9th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the stock. Travis Perkins plc presently has a consensus rating of Hold and a consensus price target of GBX 1,806.63 ($22.36).
Travis Perkins plc (LON:TPK) opened at 1458.00 on Tuesday. Travis Perkins plc has a 12-month low of GBX 1,090.00 and a 12-month high of GBX 2,064.00. The company’s market cap is GBX 3.63 billion. The stock’s 50 day moving average price is GBX 1,589.69 and its 200 day moving average price is GBX 1,677.04.
The firm also recently announced a dividend, which will be paid on Tuesday, November 8th. Shareholders of record on Thursday, October 6th will be paid a dividend of GBX 15.25 ($0.19) per share. The ex-dividend date is Thursday, October 6th. This represents a yield of 0.99%.
In other Travis Perkins plc news, insider Rogers,John bought 43 shares of the business’s stock in a transaction on Monday, August 1st. The shares were acquired at an average cost of GBX 1,582 ($19.58) per share, for a total transaction of £680.26 ($841.91). Also, insider Ruth Anderson bought 53 shares of the business’s stock in a transaction on Monday, October 3rd. The shares were acquired at an average price of GBX 1,564 ($19.36) per share, for a total transaction of £828.92 ($1,025.89).
About Travis Perkins plc
Travis Perkins plc is a United Kingdom-based product supplier to the building, construction and home improvement markets. The Company operates through segments, which include General Merchanting, Plumbing & Heating, Contracts and Consumer. The General Merchanting segment consists of the Travis Perkins and Benchmarx brands and supplies products for various types of repair, maintenance and improvement projects (RMI), as well as new residential and commercial construction.
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