Travis Perkins Rating Reiterated by Citigroup Inc. (TPK)
Travis Perkins (LON:TPK)‘s stock had its “buy” rating restated by equities research analysts at Citigroup Inc. in a research note issued to investors on Tuesday, AnalystRatingsNetwork reports. They currently have a GBX 1,745 ($28.15) price target on the stock. Citigroup Inc.’s price objective would suggest a potential upside of 5.97% from the company’s current price.
A number of other firms have also recently commented on TPK. Analysts at Goldman Sachs Group Inc. upgraded shares of Travis Perkins (LON:TPK) from a “neutral” rating to a “buy” rating in a research note to investors on Friday. They now have a GBX 1,947 ($31.41) price target on the stock, up previously from GBX 1,720 ($27.75). Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of Travis Perkins (LON:TPK) in a research note to investors on Thursday, September 26th. They now have a GBX 1,623 ($26.19) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Travis Perkins (LON:TPK) in a research note to investors on Monday, September 23rd. They now have a GBX 1,352 ($21.81) price target on the stock. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 1,447.19 ($23.35).
Travis Perkins (LON:TPK) opened at 1665.00 on Tuesday. Travis Perkins has a 52-week low of GBX 1040.00 and a 52-week high of GBX 1728.0001. The stock’s 50-day moving average is GBX 1617. and its 200-day moving average is GBX 1527.31. The company’s market cap is £3.998 billion.
Travis Perkins plc is a builder’s merchant and home improvement retailer in the United Kingdom. The general merchanting division supplies building materials to professional building companies, contractors and tradesman throughout Great Britain.
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