Travis Perkins Stock Rating Reaffirmed by AlphaValue (TPK)
Travis Perkins (LON:TPK)‘s stock had its “reduce” rating restated by analysts at AlphaValue in a research report issued to clients and investors on Thursday, Stock Ratings News reports. They currently have a GBX 1,602 ($25.70) price objective on the stock. AlphaValue’s target price would indicate a potential upside of 1.01% from the company’s current price.
Travis Perkins (LON:TPK) traded up 2.46% during mid-day trading on Thursday, hitting GBX 1625.00. The stock had a trading volume of 567,575 shares. Travis Perkins has a 52 week low of GBX 1048.00 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 £3.902 billion.
TPK has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Travis Perkins in a research note to investors on Friday, October 4th. They now have a GBX 1,352 ($21.69) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Travis Perkins in a research note to investors on Tuesday, October 1st. They now have a GBX 1,745 ($28.00) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. upgraded shares of Travis Perkins from a “neutral” rating to a “buy” rating in a research note to investors on Friday, September 27th. They now have a GBX 1,947 ($31.24) price target on the stock, up previously from GBX 1,720 ($27.60). Four research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,445.87 ($23.20).
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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