Travis Perkins (TPK) Earns Neutral Rating from UBS Group
UBS Group restated their neutral rating on shares of Travis Perkins (LON:TPK) in a research note issued to investors on Wednesday morning, investing.thisismoney.co.uk reports.
TPK has been the subject of several other research reports. Barclays reissued an equal weight rating and set a GBX 1,150 ($15.03) target price (down previously from GBX 1,200 ($15.68)) on shares of Travis Perkins in a research note on Tuesday, October 30th. Canaccord Genuity reaffirmed a hold rating and issued a GBX 1,300 ($16.99) price objective on shares of Travis Perkins in a research note on Tuesday, October 16th. Peel Hunt reaffirmed a hold rating on shares of Travis Perkins in a research note on Tuesday. Shore Capital reaffirmed a hold rating on shares of Travis Perkins in a research note on Tuesday, October 23rd. Finally, Liberum Capital reaffirmed a buy rating on shares of Travis Perkins in a research note on Tuesday, October 23rd. Eleven investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Travis Perkins currently has a consensus rating of Hold and a consensus target price of GBX 1,336.08 ($17.46).
Shares of LON TPK opened at GBX 1,083 ($14.15) on Wednesday. Travis Perkins has a 12 month low of GBX 1,233.50 ($16.12) and a 12 month 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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