Travis Perkins plc (LON:TPK)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a report released on Thursday. They currently have a GBX 1,650 ($21.92) price target on the stock. Liberum Capital’s target price would suggest a potential upside of 9.63% from the stock’s previous close.

A number of other equities analysts also recently weighed in on the stock. Peel Hunt restated a “hold” rating and set a GBX 1,625 ($21.59) target price on shares of Travis Perkins plc in a report on Wednesday, August 2nd. Canaccord Genuity restated a “buy” rating and set a GBX 1,865 ($24.78) target price on shares of Travis Perkins plc in a report on Wednesday, August 2nd. Berenberg Bank lowered their target price on shares of Travis Perkins plc from GBX 1,800 ($23.92) to GBX 1,700 ($22.59) and set a “buy” rating on the stock in a report on Wednesday, August 9th. Numis Securities Ltd restated a “hold” rating and set a GBX 1,545 ($20.53) target price on shares of Travis Perkins plc in a report on Thursday, August 3rd. Finally, Shore Capital restated a “hold” rating on shares of Travis Perkins plc in a report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,693.50 ($22.50).

Travis Perkins plc (TPK) remained flat at GBX 1505.00 during mid-day trading on Thursday. The company had a trading volume of 1,412,537 shares. The company has a 50-day moving average price of GBX 1,457.86 and a 200-day moving average price of GBX 1,518.36. The stock’s market cap is GBX 3.79 billion. Travis Perkins plc has a one year low of GBX 1,301.00 and a one year high of GBX 1,709.00.

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In other Travis Perkins plc news, insider Stuart J. Chambers bought 241 shares of Travis Perkins plc stock in a transaction dated Monday, October 2nd. The stock was bought at an average price of GBX 1,450 ($19.27) per share, with a total value of £3,494.50 ($4,643.24). Also, insider Christopher Rogers bought 52 shares of Travis Perkins plc stock in a transaction dated Tuesday, August 1st. The stock was acquired at an average cost of GBX 1,518 ($20.17) per share, with a total value of £789.36 ($1,048.84). In the last three months, insiders bought 471 shares of company stock valued at $686,848.

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.

Analyst Recommendations for Travis Perkins plc (LON:TPK)

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