Travis Perkins plc (LON:TPK - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 584.99 and traded as high as GBX 657. Travis Perkins shares last traded at GBX 638.50, with a volume of 320,669 shares changing hands.
Wall Street Analyst Weigh In
TPK has been the subject of a number of research reports. Peel Hunt reissued a "buy" rating and issued a GBX 660 price target on shares of Travis Perkins in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft upped their price objective on Travis Perkins from GBX 470 to GBX 550 and gave the stock a "sell" rating in a report on Wednesday, August 5th. Jefferies Financial Group reiterated an "underperform" rating and issued a GBX 443 price objective on shares of Travis Perkins in a research report on Wednesday, August 5th. Berenberg Bank lifted their target price on Travis Perkins from GBX 580 to GBX 650 and gave the company a "hold" rating in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. boosted their target price on Travis Perkins from GBX 630 to GBX 710 and gave the stock an "overweight" rating in a research report on Friday, August 7th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of GBX 627.17.
Get Our Latest Stock Analysis on TPK
Travis Perkins Stock Down 2.7%
The firm's 50 day moving average price is GBX 575.20 and its 200-day moving average price is GBX 584.99. The company has a current ratio of 1.66, a quick ratio of 0.84 and a debt-to-equity ratio of 56.92. The company has a market cap of £1.35 billion, a P/E ratio of -7.67, a price-to-earnings-growth ratio of 6.44 and a beta of 1.28.
Travis Perkins (LON:TPK - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported GBX 15.10 earnings per share for the quarter. Travis Perkins had a negative net margin of 3.81% and a negative return on equity of 9.63%. As a group, equities research analysts expect that Travis Perkins plc will post 59.251837 EPS for the current year.
Insider Buying and Selling
In other Travis Perkins news, insider Jeremy (Jez) Maiden bought 1,483 shares of the company's stock in a transaction on Thursday, August 6th. The stock was bought at an average price of GBX 669 per share, for a total transaction of £9,921.27. Corporate insiders own 0.79% of the company's stock.
About Travis Perkins
(
Get Free Report)
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. In addition, the company provides in specialist civils and drainage solutions; and air-conditioning and refrigeration products and heat pumps. Further, it provides insulation and interior building products to interior building specialists, contractors, and builders; and kitchens and joinery products.
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