Travis Perkins Rating Reiterated by Deutsche Bank (TPK)
Travis Perkins (LON:TPK)‘s stock had its “hold” rating reiterated by research analysts at Deutsche Bank in a report released on Friday, Analyst Ratings.Net reports. They currently have a GBX 1,592 ($26.23) price objective on the stock. Deutsche Bank’s price objective would suggest a potential downside of 8.45% from the company’s current price.
Travis Perkins (LON:TPK) opened at 1739.00 on Friday. Travis Perkins has a one year low of GBX 1220.00 and a one year high of GBX 1912.0001. The stock’s 50-day moving average is GBX 1814. and its 200-day moving average is GBX 1722.. The company’s market cap is £4.176 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Peel Hunt downgraded shares of Travis Perkins to a “hold” rating in a research note to investors on Thursday, January 23rd. Separately, analysts at N+1 Singer initiated coverage on shares of Travis Perkins in a research note to investors on Tuesday, January 21st. They set a “hold” rating and a GBX 1,800 ($29.66) price target on the stock. Finally, analysts at Numis Securities Ltd raised their price target on shares of Travis Perkins from GBX 1,800 ($29.66) to GBX 1,900 ($31.31) in a research note to investors on Wednesday, January 15th. They now have a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 1,723.11 ($28.39).
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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