Travis Perkins (LON:TPK - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Peel Hunt in a research note issued on Thursday,Digital Look reports. They currently have a GBX 740 price target on the stock. Peel Hunt's price objective would indicate a potential upside of 19.74% from the company's previous close.
Several other brokerages also recently commented on TPK. JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 670 target price on shares of Travis Perkins in a report on Wednesday, August 6th. Jefferies Financial Group lifted their target price on shares of Travis Perkins from GBX 600 to GBX 605 and gave the stock a "hold" rating in a report on Wednesday, October 1st. Finally, Berenberg Bank reaffirmed a "hold" rating and set a GBX 650 target price on shares of Travis Perkins in a report on Monday, September 8th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Travis Perkins has a consensus rating of "Moderate Buy" and an average target price of GBX 666.25.
Check Out Our Latest Research Report on TPK
Travis Perkins Stock Performance
Shares of TPK traded down GBX 24 during midday trading on Thursday, reaching GBX 618. The stock had a trading volume of 114,276,711 shares, compared to its average volume of 2,318,825. The firm has a 50 day simple moving average of GBX 601.50 and a 200-day simple moving average of GBX 587.02. Travis Perkins has a one year low of GBX 477.37 and a one year high of GBX 938.50. The firm has a market cap of £1.31 billion, a PE ratio of -2,340.91, a P/E/G 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 48.33.
Travis Perkins (LON:TPK - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported GBX 13.30 EPS for the quarter. Travis Perkins had a negative net margin of 0.37% and a negative return on equity of 0.85%. As a group, sell-side analysts anticipate that Travis Perkins will post 59.251837 EPS for the current year.
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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