Travis Perkins (TPK) Rating Reiterated by Shore Capital
Travis Perkins (LON:TPK)‘s stock had its “hold” rating reaffirmed by analysts at Shore Capital in a report released on Tuesday.
Several other equities analysts have also recently issued reports on the company. Barclays reiterated an “equal weight” rating and issued a GBX 1,150 ($15.03) price objective (down previously from GBX 1,200 ($15.68)) on shares of Travis Perkins in a research note on Tuesday, October 30th. Canaccord Genuity reissued a “hold” rating and issued a GBX 1,300 ($16.99) price target on shares of Travis Perkins in a report on Tuesday, October 16th. Peel Hunt restated a “hold” rating on shares of Travis Perkins in a research note on Tuesday. UBS Group decreased their target price on Travis Perkins from GBX 1,515 ($19.80) to GBX 1,240 ($16.20) and set a “neutral” rating for the company in a research report on Thursday, August 23rd. Finally, Liberum Capital reaffirmed a “buy” rating on shares of Travis Perkins in a report on Tuesday, October 23rd. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Travis Perkins has a consensus rating of “Hold” and a consensus target price of GBX 1,336.08 ($17.46).
Shares of TPK stock opened at GBX 1,103.50 ($14.42) on Tuesday. Travis Perkins has a 1-year low of GBX 1,233.50 ($16.12) and a 1-year high of GBX 1,709 ($22.33).
Travis Perkins Company Profile
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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