Travis Perkins plc (TPK) Given Buy Rating at Deutsche Bank AG
Several other equities research analysts also recently issued reports on TPK. Citigroup Inc. reaffirmed a buy rating and issued a GBX 1,800 ($22.28) price target on shares of Travis Perkins plc in a research report on Wednesday, August 3rd. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 1,600 ($19.80) price target on shares of Travis Perkins plc in a research report on Wednesday, August 3rd. Liberum Capital reaffirmed a buy rating and issued a GBX 1,825 ($22.59) price target on shares of Travis Perkins plc in a research report on Thursday, August 4th. Peel Hunt reaffirmed a hold rating and issued a GBX 1,910 ($23.64) price target on shares of Travis Perkins plc in a research report on Tuesday, August 2nd. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 1,775 ($21.97) price target on shares of Travis Perkins plc in a research report on Wednesday, August 3rd. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the stock. Travis Perkins plc presently has a consensus rating of Hold and an average price target of GBX 1,777.68 ($22.00).
Shares of Travis Perkins plc (LON:TPK) traded up 0.62% during mid-day trading on Thursday, hitting GBX 1460.00. The stock had a trading volume of 481,303 shares. The firm has a 50 day moving average of GBX 1,584.43 and a 200 day moving average of GBX 1,674.09. The stock’s market cap is GBX 3.63 billion. Travis Perkins plc has a one year low of GBX 1,090.00 and a one year high of GBX 2,064.00.
The firm also recently announced a dividend, which will be paid on Tuesday, November 8th. Shareholders of record on Thursday, October 6th will be issued a dividend of GBX 15.25 ($0.19) per share. This represents a yield of 0.99%. The ex-dividend date of this dividend is Thursday, October 6th.
In other Travis Perkins plc news, insider Rogers,John bought 41 shares of the stock in a transaction on Thursday, September 1st. The stock was purchased at an average price of GBX 1,670 ($20.67) per share, with a total value of £684.70 ($847.40). Also, insider Ruth Anderson bought 53 shares of the stock in a transaction on Monday, October 3rd. The shares were acquired at an average cost of GBX 1,564 ($19.36) per share, with a total value of £828.92 ($1,025.89).
Travis Perkins plc Company Profile
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.
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