Shares of Travis Perkins plc (LON:TPK) have been assigned a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 1,639.62 ($21.41).

Several analysts have recently issued reports on TPK shares. Credit Suisse Group reissued an “outperform” rating and set a GBX 1,925 ($25.14) price target on shares of Travis Perkins plc in a research report on Wednesday, April 19th. Shore Capital reissued a “buy” rating on shares of Travis Perkins plc in a research report on Thursday, April 27th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 1,665 ($21.74) target price on shares of Travis Perkins plc in a report on Thursday, April 6th. Barclays PLC reaffirmed an “underweight” rating and issued a GBX 1,325 ($17.30) target price on shares of Travis Perkins plc in a report on Friday, April 28th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 1,625 ($21.22) target price on shares of Travis Perkins plc in a report on Friday, April 21st.

Shares of Travis Perkins plc (LON TPK) opened at 1464.00 on Friday. Travis Perkins plc has a 12-month low of GBX 1,301.00 and a 12-month high of GBX 1,714.00. The stock has a 50 day moving average of GBX 1,503.11 and a 200 day moving average of GBX 1,525.61. The company’s market cap is GBX 3.66 billion.

In other news, insider Christopher Rogers acquired 55 shares of the stock in a transaction that occurred on Monday, July 3rd. The shares were purchased at an average cost of GBX 1,465 ($19.13) per share, for a total transaction of £805.75 ($1,052.17). Also, insider Tony Buffin acquired 109 shares of the stock in a transaction that occurred on Thursday, May 4th. The stock was purchased at an average price of GBX 1,654 ($21.60) per share, for a total transaction of £1,802.86 ($2,354.22). Over the last 90 days, insiders have bought 248 shares of company stock worth $397,529.

TRADEMARK VIOLATION NOTICE: “Travis Perkins plc (LON:TPK) Given Average Recommendation of “Hold” by Brokerages” was first posted by American Banking News and is the property of of American Banking News. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/07/21/travis-perkins-plc-lontpk-given-average-recommendation-of-hold-by-brokerages.html.

About Travis Perkins plc

Travis Perkins plc is a United Kingdom-based product supplier to the building, construction and home improvement markets. The Company operates through segments, which include General Merchanting, Plumbing & Heating, Contracts and Consumer. The General Merchanting segment consists of the Travis Perkins and Benchmarx brands and supplies products for various types of repair, maintenance and improvement projects (RMI), as well as new residential and commercial construction.

Analyst Recommendations for Travis Perkins plc (LON:TPK)

Receive News & Ratings for Travis Perkins plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travis Perkins plc and related companies with MarketBeat.com's FREE daily email newsletter.