Travis Perkins (LON:TPK) PT Raised to GBX 1,380 at UBS Group
Travis Perkins (LON:TPK) had its price target hoisted by UBS Group from GBX 1,350 ($17.64) to GBX 1,380 ($18.03) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports. The firm currently has a neutral rating on the stock.
A number of other research firms have also weighed in on TPK. Jefferies Financial Group restated a hold rating on shares of Travis Perkins in a report on Tuesday, June 25th. Liberum Capital restated a buy rating on shares of Travis Perkins in a report on Friday, August 30th. Royal Bank of Canada upgraded Travis Perkins to an outperform rating and upped their target price for the stock from GBX 1,550 ($20.25) to GBX 1,600 ($20.91) in a report on Friday, July 19th. Canaccord Genuity started coverage on Travis Perkins in a report on Wednesday, July 31st. They set a buy rating and a GBX 1,440 ($18.82) target price for the company. Finally, Peel Hunt restated a hold rating on shares of Travis Perkins in a report on Tuesday, August 20th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 1,429.78 ($18.68).
Travis Perkins stock opened at GBX 1,373.50 ($17.95) on Wednesday. The business has a fifty day moving average of GBX 1,269.71 and a two-hundred day moving average of GBX 1,332.16. The company has a quick ratio of 0.60, a current ratio of 1.34 and a debt-to-equity ratio of 74.78. The firm has a market cap of $3.46 billion and a P/E ratio of 46.72. Travis Perkins has a twelve month low of GBX 965.60 ($12.62) and a twelve month high of GBX 1,488.50 ($19.45).
In other Travis Perkins news, insider Coline McConville acquired 68 shares of the firm’s stock in a transaction dated Monday, July 1st. The stock was purchased at an average price of GBX 1,303 ($17.03) per share, for a total transaction of £886.04 ($1,157.77).
Travis Perkins Company Profile
Travis Perkins plc supplies building and home improvement products in the United Kingdom. The company's General Merchanting division supplies products for various types of repair, maintenance, and improvement projects, as well as new residential and commercial construction. This division serves sole traders and national housebuilders under the Travis Perkins and Benchmarx brands.
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