Travis Perkins plc Rating Reiterated by Deutsche Bank (TPK)
Travis Perkins plc (LON:TPK)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Friday. They currently have a GBX 1,881 ($32.26) price target on the stock. Deutsche Bank’s price objective would indicate a potential upside of 19.28% from the company’s current price.
Shares of Travis Perkins plc (LON:TPK) traded up 0.19% on Friday, hitting GBX 1577.00. The stock had a trading volume of 592,915 shares. Travis Perkins plc has a one year low of GBX 1538.00 and a one year high of GBX 2000.00. The stock has a 50-day moving average of GBX 1653. and a 200-day moving average of GBX 1784.. The company’s market cap is £3.837 billion.
TPK has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Travis Perkins plc in a research note on Wednesday. They now have a GBX 2,040 ($34.99) price target on the stock. Separately, analysts at Jefferies Group reiterated an “underperform” rating on shares of Travis Perkins plc in a research note on Thursday, July 3rd. They now have a GBX 1,430 ($24.53) 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 Monday, June 30th. They now have a GBX 1,558 ($26.72) price target on the stock. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,852.21 ($31.77).
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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