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Stock analysts at Liberum Capital raised their price objective on shares of Travis Perkins plc (LON:TPK) from GBX 2,035 ($34.10) to GBX 2,220 ($37.20) in a report issued on Thursday, AnalystRatings.NET reports. The firm currently has a “buy” rating on the stock. Liberum Capital’s price target points to a potential upside of 14.79% from the company’s current price.

Travis Perkins plc (LON:TPK) opened at 1935.00 on Thursday. Travis Perkins plc has a one year low of GBX 1228.00 and a one year high of GBX 1946.9999. The stock’s 50-day moving average is GBX 1841. and its 200-day moving average is GBX 1738.. The company’s market cap is £4.646 billion.

A number of other analysts have also recently weighed in on TPK. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Travis Perkins plc in a research note on Tuesday, February 11th. They now have a GBX 1,592 ($26.68) price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Travis Perkins plc from GBX 1,380 ($23.13) to GBX 1,750 ($29.33) in a research note on Monday, February 3rd. They now have a “neutral” rating on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,763.69 ($29.56).

Travis Perkins plc is a builder’s merchant and home improvement retailer in the United Kingdom. The Company’s operating segments include general merchanting, specialist merchanting, consumer, plumbing & heating.

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