Deutsche Bank AG reissued their buy rating on shares of Travis Perkins plc (LON:TPK) in a research report sent to investors on Thursday. Deutsche Bank AG currently has a GBX 1,875 ($23.21) price target on the stock.

A number of other equities analysts have also recently weighed in on TPK. Goldman Sachs Group Inc. reissued a neutral rating and issued a GBX 1,452 ($17.97) price target on shares of Travis Perkins plc in a report on Tuesday, June 28th. Jefferies Group cut their price target on Travis Perkins plc from GBX 2,390 ($29.58) to GBX 1,760 ($21.78) and set a buy rating for the company in a report on Wednesday, June 29th. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 2,400 ($29.70) price target on shares of Travis Perkins plc in a report on Thursday, June 30th. Berenberg Bank lowered Travis Perkins plc to a hold rating and dropped their target price for the company from GBX 2,300 ($28.47) to GBX 1,540 ($19.06) in a research note on Thursday, June 30th. Finally, Credit Suisse Group AG reiterated an outperform rating and issued a GBX 2,250 ($27.85) target price on shares of Travis Perkins plc in a research note on Monday, July 4th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have given a buy rating to the stock. Travis Perkins plc has a consensus rating of Hold and a consensus price target of GBX 1,777.68 ($22.00).

Shares of Travis Perkins plc (LON:TPK) traded up 0.62% during trading on Thursday, reaching GBX 1460.00. The company had a trading volume of 481,303 shares. The firm’s market capitalization is GBX 3.63 billion. Travis Perkins plc has a 52 week low of GBX 1,090.00 and a 52 week high of GBX 2,064.00. The firm has a 50-day moving average of GBX 1,584.43 and a 200 day moving average of GBX 1,674.09.

The company also recently disclosed 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. This represents a yield of 0.99%. The ex-dividend date of this dividend is Thursday, October 6th.

In other news, insider Ruth Anderson acquired 53 shares of the business’s stock in a transaction on Monday, October 3rd. The shares were purchased at an average price of GBX 1,564 ($19.36) per share, for a total transaction of £828.92 ($1,025.89). Also, insider Rogers,John acquired 41 shares of the business’s stock in a transaction on Thursday, September 1st. The shares were purchased at an average price of GBX 1,670 ($20.67) per share, for a total transaction of £684.70 ($847.40).

Travis Perkins plc Company Profile

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.

Receive News & Stock Ratings for Travis Perkins plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travis Perkins plc and related stocks with our FREE daily email newsletter.