Travis Perkins plc Given Hold Rating at N+1 Singer (TPK)
Travis Perkins plc (LON:TPK)‘s stock had its “hold” rating restated by research analysts at N+1 Singer in a report released on Thursday, Analyst Ratings Net reports. They currently have a GBX 1,800 ($30.23) price objective on the stock. N+1 Singer’s price target would suggest a potential upside of 0.67% from the stock’s previous close.
Shares of Travis Perkins plc (LON:TPK) traded up 1.42% on Thursday, hitting GBX 1787.9999. The stock had a trading volume of 779,308 shares. Travis Perkins plc has a 52 week low of GBX 1402.00 and a 52 week high of GBX 2000.72. The stock’s 50-day moving average is GBX 1840.31 and its 200-day moving average is GBX 1815.. The company’s market cap is £4.319 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 Wednesday. They now have a GBX 1,591 ($26.72) price target on the stock. Separately, analysts at Westhouse Securities initiated coverage on shares of Travis Perkins plc in a research note on Thursday, April 17th. They set a “neutral” rating and a GBX 1,558 ($26.17) price target on the stock. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company. Travis Perkins plc currently has a consensus rating of “Hold” and an average price target of GBX 1,821.60 ($30.59).
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.
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.