Liberum Capital Reiterates “Buy” Rating for Travis Perkins plc (TPK)
Travis Perkins plc (LON:TPK)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a note issued to investors on Friday, Analyst Ratings News reports.
Shares of Travis Perkins plc (LON:TPK) traded down 2.70% on Friday, hitting GBX 1624.00. The stock had a trading volume of 559,091 shares. Travis Perkins plc has a one year low of GBX 1402.00 and a one year high of GBX 2000.00. The stock’s 50-day moving average is GBX 1791.56 and its 200-day moving average is GBX 1816.. The company’s market cap is £3.952 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Travis Perkins plc in a research note on Tuesday. They now have a GBX 2,045 ($34.45) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Travis Perkins plc in a research note on Monday. They now have a GBX 1,881 ($31.68) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Travis Perkins plc in a research note on Thursday, May 8th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 1,816.12 ($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.
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