Travis Perkins plc (LON:TPK) has earned an average recommendation of “Buy” from the thirteen research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 1,700.45 ($23.06).

A number of analysts recently issued reports on TPK shares. Shore Capital reissued a “hold” rating on shares of Travis Perkins in a report on Thursday, October 19th. Liberum Capital reissued a “buy” rating and set a GBX 1,650 ($22.38) price target on shares of Travis Perkins in a report on Monday, October 2nd. Deutsche Bank reissued a “buy” rating on shares of Travis Perkins in a report on Monday, November 6th. Berenberg Bank increased their price target on shares of Travis Perkins from GBX 1,700 ($23.05) to GBX 1,800 ($24.41) and gave the stock a “buy” rating in a report on Friday, October 27th. Finally, Peel Hunt reissued a “hold” rating and set a GBX 1,610 ($21.83) price target on shares of Travis Perkins in a report on Thursday, October 19th.

Shares of Travis Perkins (LON:TPK) opened at GBX 1,540.50 ($20.89) on Friday. Travis Perkins has a twelve month low of GBX 1,398.36 ($18.96) and a twelve month high of GBX 1,709 ($23.18). The stock has a market cap of $3,880.00 and a price-to-earnings ratio of 51,350.00.

In other Travis Perkins news, insider Coline McConville bought 58 shares of Travis Perkins stock in a transaction dated Wednesday, November 1st. The stock was acquired at an average cost of GBX 1,518 ($20.59) per share, for a total transaction of £880.44 ($1,193.98). Also, insider John Rogers bought 42 shares of Travis Perkins stock in a transaction dated Tuesday, January 2nd. The stock was acquired at an average price of GBX 1,581 ($21.44) per share, with a total value of £664.02 ($900.49). Insiders bought 143 shares of company stock valued at $222,515 over the last quarter.

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About Travis Perkins

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 (LON:TPK)

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