Travis Perkins (LON:TPK)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Monday, American Banking News reports. They currently have a GBX 1,592 ($25.95) price objective on the stock. Deutsche Bank’s price target would suggest a potential downside of 6.30% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Cantor Fitzgerald initiated coverage on shares of Travis Perkins in a research note to investors on Wednesday, December 11th. They set a “buy” rating and a GBX 1,950 ($31.78) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Travis Perkins in a research note to investors on Wednesday, December 11th. They now have a GBX 1,579 ($25.74) price target on the stock. Finally, analysts at Galvan Research reiterated a “buy” rating on shares of Travis Perkins in a research note to investors on Monday, December 9th. They now have a GBX 1,800 ($29.34) price target on the stock. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Travis Perkins currently has a consensus rating of “Hold” and an average target price of GBX 1,729.99 ($28.20).
Shares of Travis Perkins (LON:TPK) opened at 1692.00 on Monday. Travis Perkins has a 1-year low of GBX 1048.00 and a 1-year high of GBX 1875.00. The stock’s 50-day moving average is GBX 1767. and its 200-day moving average is GBX 1653.. The company’s market cap is £4.063 billion.
Travis Perkins plc is a builder’s merchant and home improvement retailer in the United Kingdom. The general merchanting division supplies building materials to professional building companies, contractors and tradesman throughout Great Britain.
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