Travis Perkins plc Receives Hold Rating from Deutsche Bank (TPK)
Travis Perkins plc (LON:TPK)‘s stock had its “hold” rating reiterated by stock analysts at Deutsche Bank in a report issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 1,881 ($31.68) target price on the stock. Deutsche Bank’s target price suggests a potential upside of 15.47% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Travis Perkins plc in a research note on Thursday, May 8th. Separately, analysts at Davy Research reiterated an “outperform” rating on shares of Travis Perkins plc in a research note on Wednesday, April 30th. Finally, analysts at Goodbody Stockbrokers Ltd upgraded shares of Travis Perkins plc to a “buy” rating in a research note on Friday, April 25th. They now have a GBX 2,030 ($34.19) price target on the stock. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the stock. Travis Perkins plc has an average rating of “Hold” and a consensus target price of GBX 1,816.12 ($30.59).
Travis Perkins plc (LON:TPK) traded down 2.40% on Monday, hitting GBX 1629.0001. 944,237 shares of the company’s stock traded hands. Travis Perkins plc has a 52-week low of GBX 1402.00 and a 52-week high of GBX 2000.00. The stock’s 50-day moving average is GBX 1784. and its 200-day moving average is GBX 1815.. The company’s market cap is £3.964 billion.
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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