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).

In other news, insider Coline McConville acquired 81 shares of the business’s stock in a transaction that occurred on Monday, December 3rd. The shares were bought at an average cost of GBX 1,100 ($14.37) per share, with a total value of £891 ($1,164.25). Also, insider Stuart J. Chambers purchased 319 shares of the company’s stock in a transaction dated Thursday, November 1st. The shares were bought at an average cost of GBX 1,066 ($13.93) per share, for a total transaction of £3,400.54 ($4,443.41). Insiders have purchased a total of 484 shares of company stock worth $518,698 in the last ninety days.

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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Analyst Recommendations for Travis Perkins (LON:TPK)

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