Travis Perkins Price Target Raised to GBX 1,900 at Liberum Capital (TPK)
Investment analysts at Liberum Capital lifted their price target on shares of Travis Perkins (LON:TPK) from GBX 1,890 ($30.32) to GBX 1,900 ($30.48) in a note issued to investors on Friday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. Liberum Capital’s price objective would indicate a potential upside of 16.92% from the company’s current price.
A number of other firms have also recently commented on TPK. Analysts at AlphaValue reiterated a “reduce” rating on shares of Travis Perkins in a research note to investors on Thursday. They now have a GBX 1,602 ($25.70) price target on the stock. Separately, 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. Finally, 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. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 1,446.50 ($23.21).
Travis Perkins (LON:TPK) opened at 1649.00 on Friday. Travis Perkins has a one year low of GBX 1048.00 and a one year 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 £3.960 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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