Travis Perkins plc’s Hold Rating Reaffirmed at Deutsche Bank (TPK)
Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Travis Perkins plc in a research note on Wednesday. They now have a GBX 1,800 ($30.09) price target on the stock. Separately, analysts at Liberum Capital cut their price target on shares of Travis Perkins plc from GBX 2,190 ($36.61) to GBX 2,100 ($35.11) in a research note on Monday. They now have a “buy” rating on the stock. Finally, analysts at Numis Securities Ltd upgraded shares of Travis Perkins plc to an “add” rating in a research note on Thursday, July 31st. They now have a GBX 1,900 ($31.76) price target on the stock. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the company. Travis Perkins plc has a consensus rating of “Hold” and an average price target of GBX 1,870.63 ($31.27).
Shares of Travis Perkins plc (LON:TPK) traded up 1.22% during mid-day trading on Friday, hitting GBX 1741.00. 232,415 shares of the company’s stock traded hands. Travis Perkins plc has a 1-year low of GBX 1538.00 and a 1-year high of GBX 2000.00. The stock’s 50-day moving average is GBX 1652. and its 200-day moving average is GBX 1748.. The company’s market cap is £4.243 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, November 11th. Shareholders of record on Thursday, October 9th will be paid a dividend of GBX 12.25 ($0.20) per share. This represents a dividend yield of 0.72%. The ex-dividend date is Thursday, October 9th.
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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