Share on StockTwits
 

Travis Perkins (LON:TPK)‘s stock had its “hold” rating reaffirmed by stock analysts at Deutsche Bank in a report issued on Tuesday, American Banking News reports. They currently have a GBX 1,592 ($26.12) price target on the stock. Deutsche Bank’s price objective would suggest a potential downside of 15.36% from the company’s current price.

A number of other firms have also recently commented on TPK. Analysts at JPMorgan Chase & Co. raised their price target on shares of Travis Perkins from GBX 1,380 ($22.64) to GBX 1,750 ($28.71) in a research note on Monday, February 3rd. They now have a “neutral” rating on the stock. Separately, analysts at Peel Hunt downgraded shares of Travis Perkins to a “hold” rating in a research note on Thursday, January 23rd. Finally, analysts at N+1 Singer initiated coverage on shares of Travis Perkins in a research note on Tuesday, January 21st. They set a “hold” rating and a GBX 1,800 ($29.53) price target on the stock. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 1,744.87 ($28.63).

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.