Davy Research Reiterates “Outperform” Rating for Travis Perkins plc (TPK)
Travis Perkins plc (LON:TPK)‘s stock had its “outperform” rating restated by analysts at Davy Research in a research report issued to clients and investors on Wednesday, Stock Ratings News reports.
Travis Perkins plc (LON:TPK) traded down 2.09% on Wednesday, hitting GBX 1921.9999. The stock had a trading volume of 515,913 shares. Travis Perkins plc has a 52-week low of GBX 1228.00 and a 52-week high of GBX 2000.00. The stock has a 50-day moving average of GBX 1852. and a 200-day moving average of GBX 1746.. The company’s market cap is £4.615 billion.
A number of other firms have also recently commented on TPK. Analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Travis Perkins plc in a research note on Wednesday. They now have a GBX 1,800 ($29.94) price target on the stock. Separately, analysts at RBC Capital reiterated a “top pick” rating on shares of Travis Perkins plc in a research note on Wednesday. They now have a GBX 1,900 ($31.60) price target on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Travis Perkins plc in a research note on Wednesday. They now have a GBX 1,800 ($29.94) price target on the stock. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,764.60 ($29.35).
Travis Perkins plc is a builder’s merchant and home improvement retailer in the United Kingdom. The Company’s segments include general merchanting, contracts merchanting, plumbing and heating merchanting, and consumer.
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