Travis Perkins plc (LON:TPK) Receives Average Recommendation of “Buy” from Brokerages
Shares of Travis Perkins plc (LON:TPK) have earned an average recommendation of “Buy” from the fifteen analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 1,682.85 ($21.85).
Several equities research analysts have issued reports on the stock. Peel Hunt reiterated a “hold” rating and set a GBX 1,625 ($21.10) target price on shares of Travis Perkins plc in a research report on Wednesday, August 2nd. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 1,625 ($21.10) target price on shares of Travis Perkins plc in a research report on Friday, April 21st. Liberum Capital reiterated a “buy” rating and set a GBX 1,650 ($21.42) target price on shares of Travis Perkins plc in a research report on Thursday, April 27th. Shore Capital reiterated a “hold” rating on shares of Travis Perkins plc in a research report on Friday. Finally, Numis Securities Ltd restated a “hold” rating and issued a GBX 1,545 ($20.06) price objective on shares of Travis Perkins plc in a report on Thursday, August 3rd.
In other Travis Perkins plc news, insider Frank Elkins sold 4,300 shares of the business’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of GBX 1,608 ($20.87), for a total transaction of £69,144 ($89,762.43). Also, insider John Rogers acquired 42 shares of Travis Perkins plc stock in a transaction on Thursday, June 1st. The shares were bought at an average cost of GBX 1,641 ($21.30) per share, for a total transaction of £689.22 ($894.74). Insiders have purchased a total of 149 shares of company stock valued at $228,433 over the last quarter.
Shares of Travis Perkins plc (LON TPK) opened at 1511.00 on Tuesday. The stock’s 50 day moving average is GBX 1,480.17 and its 200-day moving average is GBX 1,531.45. The company’s market cap is GBX 3.80 billion. Travis Perkins plc has a one year low of GBX 1,301.00 and a one year high of GBX 1,714.00.
The company also recently declared a dividend, which will be paid on Friday, November 10th. Investors of record on Thursday, September 28th will be issued a dividend of GBX 15.50 ($0.20) per share. The ex-dividend date is Thursday, September 28th. This represents a yield of 1.02%.
Travis Perkins plc Company Profile
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.
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.