Travis Perkins plc Price Target Increased to GBX 2,220 by Analysts at Liberum Capital (TPK)
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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