Travis Perkins (LON:TPK)‘s stock had its “hold” rating reaffirmed by stock analysts at Peel Hunt in a research report issued to clients and investors on Monday, November 18th, Stock Target Advisor reports.
TPK has been the topic of a number of other reports. Canaccord Genuity downgraded shares of Travis Perkins to a “hold” rating and set a GBX 1,480 ($19.34) price objective on the stock. in a research report on Thursday, October 17th. UBS Group lifted their target price on shares of Travis Perkins from GBX 1,350 ($17.64) to GBX 1,380 ($18.03) and gave the company a “neutral” rating in a research note on Wednesday, September 18th. JPMorgan Chase & Co. lifted their target price on shares of Travis Perkins from GBX 1,356 ($17.72) to GBX 1,400 ($18.29) and gave the company a “neutral” rating in a research note on Monday, November 4th. Barclays reiterated an “equal weight” rating on shares of Travis Perkins in a research note on Wednesday, November 13th. Finally, Berenberg Bank restated a “hold” rating on shares of Travis Perkins in a research note on Monday, September 30th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,455.40 ($19.02).
TPK traded up GBX 18 ($0.24) on Monday, reaching GBX 1,521 ($19.87). 607,665 shares of the company traded hands, compared to its average volume of 1,660,000. The stock’s 50 day moving average price is GBX 1,488.62 and its 200-day moving average price is GBX 1,339.11. Travis Perkins has a 52-week low of GBX 1,012 ($13.22) and a 52-week high of GBX 1,618.50 ($21.15). The company has a market cap of $3.79 billion and a price-to-earnings ratio of 51.73. The company has a debt-to-equity ratio of 74.78, a current ratio of 1.34 and a quick ratio of 0.60.
In other news, insider Marianne Culver bought 58 shares of the stock in a transaction dated Monday, December 2nd. The shares were acquired at an average price of GBX 1,541 ($20.14) per share, with a total value of £893.78 ($1,167.88). Also, insider John Rogers bought 44 shares of the stock in a transaction dated Tuesday, October 1st. The stock was purchased at an average cost of GBX 1,309 ($17.10) per share, for a total transaction of £575.96 ($752.59). Over the last quarter, insiders have purchased 158 shares of company stock valued at $227,614.
About Travis Perkins
Travis Perkins plc supplies building and home improvement products in the United Kingdom. The company's General Merchanting division supplies products for various types of repair, maintenance, and improvement projects, as well as new residential and commercial construction. This division serves sole traders and national housebuilders under the Travis Perkins and Benchmarx brands.
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