Travis Perkins (LON:TPK) had its target price boosted by Jefferies Financial Group from GBX 1,400 ($18.29) to GBX 1,549 ($20.24) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports. The brokerage currently has a hold rating on the stock.

TPK has been the subject of several other reports. Liberum Capital reiterated a buy rating on shares of Travis Perkins in a research note on Tuesday, October 22nd. Peel Hunt reissued a hold rating on shares of Travis Perkins in a research note on Monday, November 18th. Barclays restated an equal weight rating on shares of Travis Perkins in a report on Wednesday, November 13th. UBS Group upped their price target on shares of Travis Perkins from GBX 1,350 ($17.64) to GBX 1,380 ($18.03) and gave the stock a neutral rating in a research report on Wednesday, September 18th. Finally, Berenberg Bank reiterated a hold rating on shares of Travis Perkins in a report on Monday, September 30th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Hold and an average target price of GBX 1,455.40 ($19.02).

LON TPK opened at GBX 1,522 ($19.89) on Monday. The firm has a market capitalization of $3.88 billion and a price-to-earnings ratio of 51.77. The company has a debt-to-equity ratio of 74.78, a quick ratio of 0.60 and a current ratio of 1.34. Travis Perkins has a one year low of GBX 1,012 ($13.22) and a one year high of GBX 1,562 ($20.41). The company’s 50 day moving average price is GBX 1,483.29 and its 200 day moving average price is GBX 1,337.80.

In other news, insider Marianne Culver acquired 58 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was bought at an average cost of GBX 1,541 ($20.14) per share, with a total value of £893.78 ($1,167.88). Also, insider Pete Redfern bought 56 shares of the stock in a transaction dated Friday, November 1st. The shares were acquired at an average price of GBX 1,440 ($18.82) per share, with a total value of £806.40 ($1,053.70). Insiders have bought 158 shares of company stock worth $227,614 in the last quarter.

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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Analyst Recommendations for Travis Perkins (LON:TPK)

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