UBS Group reissued their sell rating on shares of Travis Perkins (LON:TPK) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.

Several other research firms have also commented on TPK. Citigroup reduced their price target on shares of Travis Perkins from GBX 1,900 ($24.99) to GBX 1,860 ($24.47) and set a buy rating on the stock in a research report on Friday, March 6th. Royal Bank of Canada lowered shares of Travis Perkins to a sector performer rating and reduced their price target for the company from GBX 1,600 ($21.05) to GBX 1,550 ($20.39) in a research report on Friday, January 10th. Liberum Capital reaffirmed a buy rating on shares of Travis Perkins in a research report on Friday, March 20th. Canaccord Genuity reduced their price target on shares of Travis Perkins from GBX 1,720 ($22.63) to GBX 1,700 ($22.36) and set a hold rating on the stock in a research report on Wednesday, March 4th. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Travis Perkins in a research report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 1,621.45 ($21.33).

TPK stock opened at GBX 894.20 ($11.76) on Monday. The firm has a market cap of $2.29 billion and a PE ratio of 18.48. The company has a debt-to-equity ratio of 77.14, a quick ratio of 0.71 and a current ratio of 1.30. The firm’s 50 day moving average price is GBX 1,355.19 and its 200-day moving average price is GBX 1,457.56. Travis Perkins has a one year low of GBX 573.80 ($7.55) and a one year high of GBX 1,841 ($24.22).

The business also recently announced a dividend, which will be paid on Wednesday, May 13th. Investors of record on Thursday, April 2nd will be issued a GBX 33 ($0.43) dividend. This represents a yield of 2.24%. The ex-dividend date of this dividend is Thursday, April 2nd. This is an increase from Travis Perkins’s previous dividend of $15.50. Travis Perkins’s dividend payout ratio (DPR) is 0.99%.

In related news, insider Marianne Culver bought 36 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was purchased at an average price of GBX 1,498 ($19.71) per share, for a total transaction of £539.28 ($709.39).

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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