Travis Perkins plc Stock Rating Reaffirmed by Westhouse Securities (TPK)
Travis Perkins plc (LON:TPK)‘s stock had its “neutral” rating reaffirmed by stock analysts at Westhouse Securities in a report issued on Thursday. They currently have a GBX 1,558 ($26.62) target price on the stock. Westhouse Securities’ price objective indicates a potential downside of 3.83% from the company’s current price.
TPK has been the subject of a number of other recent research reports. Analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Travis Perkins plc in a research note on Wednesday. They now have a GBX 2,230 ($38.11) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Travis Perkins plc in a research note on Tuesday. They now have a GBX 1,750 ($29.90) 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 Monday. They now have a GBX 1,901 ($32.48) price target on the stock. Two research analysts have rated the stock with a sell rating, nine have assigned 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 price target of GBX 1,863.79 ($31.85).
Travis Perkins plc (LON:TPK) traded down 0.49% during mid-day trading on Thursday, hitting GBX 1620.0001. 792,664 shares of the company’s stock traded hands. Travis Perkins plc has a one year low of GBX 1538.00 and a one year high of GBX 2000.00. The stock’s 50-day moving average is GBX 1633. and its 200-day moving average is GBX 1769.. The company’s market cap is £3.942 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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