Travis Perkins (LON:TPK - Get Free Report) had its price target hoisted by equities researchers at Berenberg Bank from GBX 800 ($10.39) to GBX 880 ($11.43) in a research report issued on Thursday, MarketBeat reports. The brokerage currently has a "hold" rating on the stock. Berenberg Bank's target price points to a potential upside of 2.56% from the company's previous close.
Several other research firms also recently issued reports on TPK. JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 1,100 ($14.28) price objective on shares of Travis Perkins in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft raised shares of Travis Perkins to a "buy" rating and dropped their price objective for the company from GBX 1,100 ($14.28) to GBX 910 ($11.82) in a report on Thursday, August 1st.
Read Our Latest Report on Travis Perkins
Travis Perkins Stock Down 2.6 %
Shares of TPK traded down GBX 23 ($0.30) during trading hours on Thursday, hitting GBX 858 ($11.14). The company had a trading volume of 875,358 shares, compared to its average volume of 868,947. Travis Perkins has a one year low of GBX 687 ($8.92) and a one year high of GBX 976 ($12.67). The company's fifty day moving average price is GBX 905.48 and its two-hundred day moving average price is GBX 848.87. The company has a market capitalization of £1.81 billion, a PE ratio of -10,825.00, a price-to-earnings-growth ratio of 6.44 and a beta of 1.52. The company has a current ratio of 1.65, a quick ratio of 0.84 and a debt-to-equity ratio of 52.98.
About Travis Perkins
(
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Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.
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