Travis Perkins plc Stock Rating Reaffirmed by Liberum Capital (TPK)
Travis Perkins plc (LON:TPK)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a research report issued on Thursday. They currently have a GBX 2,190 ($37.18) target price on the stock. Liberum Capital’s price target indicates a potential upside of 38.52% from the company’s current price.
Shares of Travis Perkins plc (LON:TPK) opened at 1614.00 on Thursday. Travis Perkins plc has a 1-year low of GBX 1402.00 and a 1-year high of GBX 2000.00. The stock’s 50-day moving average is GBX 1691. and its 200-day moving average is GBX 1797.. The company’s market cap is £3.927 billion.
A number of other analysts have also recently weighed in on TPK. Analysts at Charles Stanley reiterated a “buy” rating on shares of Travis Perkins plc in a research note on Monday, June 9th. They now have a GBX 2,040 ($34.63) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Travis Perkins plc in a research note on Monday, June 9th. They now have a GBX 2,040 ($34.63) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Travis Perkins plc in a research note on Friday, June 6th. They now have a GBX 1,881 ($31.93) price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company. Travis Perkins plc presently has an average rating of “Hold” and a consensus target price of GBX 1,847.58 ($31.36).
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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