Shares of Travis Perkins plc (LON:TPK) have been given a consensus recommendation of “Buy” by the fifteen brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and thirteen 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 1,922.55 ($25.84).
A number of equities analysts recently commented on the stock. Berenberg Bank dropped their price target on shares of Travis Perkins from GBX 2,060 ($27.69) to GBX 2,000 ($26.89) and set a “buy” rating for the company in a research note on Monday, November 1st. Peel Hunt reaffirmed an “add” rating and set a GBX 1,900 ($25.54) price target on shares of Travis Perkins in a research note on Thursday, October 28th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 2,000 ($26.89) price target on shares of Travis Perkins in a research note on Wednesday, December 8th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Travis Perkins from GBX 2,056 ($27.64) to GBX 2,105 ($28.30) and gave the stock a “buy” rating in a research note on Thursday, October 28th. Finally, Liberum Capital boosted their price objective on shares of Travis Perkins from GBX 1,969 ($26.47) to GBX 2,065 ($27.76) and gave the company a “buy” rating in a research report on Tuesday, December 7th.
LON TPK opened at GBX 1,554.50 ($20.90) on Friday. Travis Perkins has a 12-month low of GBX 1,330.50 ($17.89) and a 12-month high of GBX 2,051 ($27.57). The company has a quick ratio of 0.81, a current ratio of 1.59 and a debt-to-equity ratio of 50.37. The company has a 50-day simple moving average of GBX 1,536.71 and a two-hundred day simple moving average of GBX 1,644.95. The firm has a market cap of £3.46 billion and a price-to-earnings ratio of 25.19.
About Travis Perkins
Travis Perkins plc distributes building materials to the building, construction, and home improvement markets in the United Kingdom. It operates through four segments: Merchanting, Retail, Toolstation, and Plumbing & Heating. The Merchanting segment distributes interior building products, which include drywalls, ceilings, external envelopes, fire protection products, flooring and partitioning products, and tools and accessories to professionals within the construction industry; civil, drainage, and heavy building materials to specialist contractors and trade professionals; and pipeline and heating solutions.
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