Travis Perkins plc’s Neutral Rating Reaffirmed at Westhouse Securities (TPK)
Travis Perkins plc (LON:TPK)‘s stock had its “neutral” rating reaffirmed by analysts at Westhouse Securities in a research report issued to clients and investors on Monday. They currently have a GBX 1,558 ($26.54) price target on the stock. Westhouse Securities’ price objective points to a potential downside of 5.80% from the company’s current price.
Shares of Travis Perkins plc (LON:TPK) opened at 1636.85 on Monday. Travis Perkins plc has a 52 week low of GBX 1443.00 and a 52 week high of GBX 2000.00. The stock’s 50-day moving average is GBX 1667.31 and its 200-day moving average is GBX 1791.. The company’s market cap is £3.983 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 Monday. They now have a GBX 1,881 ($32.04) 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 Friday. They now have a GBX 2,040 ($34.75) price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the stock. Travis Perkins plc has a consensus rating of “Hold” and a consensus price target of GBX 1,833.10 ($31.22).
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.