Travis Perkins Stock Rating Reaffirmed by Citigroup Inc. (TPK)
Travis Perkins (LON:TPK)‘s stock had its “buy” rating restated by investment analysts at Citigroup Inc. in a note issued to investors on Tuesday, Analyst Ratings News reports. They currently have a GBX 1,910 ($31.33) price objective on the stock. Citigroup Inc.’s price objective suggests a potential upside of 1.38% from the company’s current price.
Shares of Travis Perkins (LON:TPK) opened at 1884.00 on Tuesday. Travis Perkins has a 52 week low of GBX 1188.00 and a 52 week high of GBX 1912.0001. The stock’s 50-day moving average is GBX 1797. and its 200-day moving average is GBX 1693.. The company’s market cap is £4.524 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 Monday, December 16th. They now have a GBX 1,592 ($26.11) price target on the stock. Separately, analysts at Cantor Fitzgerald initiated coverage on shares of Travis Perkins in a research note to investors on Wednesday, December 11th. They set a “buy” rating and a GBX 1,950 ($31.98) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Travis Perkins in a research note to investors on Wednesday, December 11th. They now have a GBX 1,579 ($25.90) price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,726.05 ($28.31).
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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