Shares of Travis Perkins plc (LON:TPK) have been assigned an average recommendation of “Hold” from the fourteen research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 1,286.14 ($16.44).

A number of research analysts have recently issued reports on TPK shares. Numis Securities reaffirmed a “hold” rating and set a GBX 1,188 ($15.19) price objective on shares of Travis Perkins in a research note on Wednesday, August 1st. UBS Group cut Travis Perkins to a “neutral” rating and reduced their price objective for the company from GBX 1,715 ($21.92) to GBX 1,515 ($19.37) in a research note on Thursday, July 12th. Liberum Capital reaffirmed a “buy” rating on shares of Travis Perkins in a research note on Tuesday, July 31st. Citigroup cut Travis Perkins to a “neutral” rating in a research note on Wednesday, July 25th. Finally, Peel Hunt cut Travis Perkins to a “hold” rating in a research note on Tuesday, July 31st.

TPK opened at GBX 1,121 ($14.33) on Friday. Travis Perkins has a 52 week low of GBX 1,233.50 ($15.77) and a 52 week high of GBX 1,709 ($21.85).

Travis Perkins (LON:TPK) last announced its quarterly earnings data on Tuesday, July 31st. The company reported GBX 53.50 ($0.68) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 52.90 ($0.68) by GBX 0.60 ($0.01). Travis Perkins had a return on equity of 6.95% and a net margin of 3.07%.

The company also recently announced a dividend, which will be paid on Friday, November 9th. Stockholders of record on Thursday, October 4th will be issued a dividend of GBX 15.50 ($0.20) per share. The ex-dividend date is Thursday, October 4th. This represents a dividend yield of 1.31%.

In other news, insider Coline McConville bought 75 shares of the company’s stock in a transaction dated Wednesday, August 1st. The stock was bought at an average cost of GBX 1,192 ($15.24) per share, for a total transaction of £894 ($1,142.78). Also, insider Ruth Anderson bought 66 shares of the company’s stock in a transaction dated Friday, June 1st. The shares were purchased at an average price of GBX 1,366 ($17.46) per share, with a total value of £901.56 ($1,152.45). Over the last quarter, insiders have bought 261 shares of company stock valued at $347,844.

About Travis Perkins

Travis Perkins plc operates as a builder's merchant and home improvement product retailer in the United Kingdom. The company's General Merchanting division supplies building materials for various types of repair, maintenance, and improvement projects, as well as new residential and commercial constructions.

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Analyst Recommendations for Travis Perkins (LON:TPK)

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