Travis Perkins (LON:TPK) Given Hold Rating at Berenberg Bank

Berenberg Bank restated their hold rating on shares of Travis Perkins (LON:TPK) in a report published on Monday,London Stock Exchange reports. They currently have a GBX 650 price objective on the stock.

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 670 target price on shares of Travis Perkins in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Travis Perkins has an average rating of “Moderate Buy” and an average price target of GBX 660.

Travis Perkins Trading Down 0.9%

Shares of TPK traded down GBX 5.50 on Monday, reaching GBX 578. 62,762 shares of the company’s stock were exchanged, compared to its average volume of 1,887,337. Travis Perkins has a 12 month low of GBX 477.37 and a 12 month high of GBX 964. The company has a current ratio of 1.65, a quick ratio of 0.84 and a debt-to-equity ratio of 48.33. The stock has a market capitalization of £1.22 billion, a P/E ratio of -2,189.39, a price-to-earnings-growth ratio of 6.44 and a beta of 1.52. The business has a 50 day moving average price of GBX 586.31 and a two-hundred day moving average price of GBX 587.38.

Travis Perkins (LON:TPK) last issued its earnings results 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%. Research analysts anticipate that Travis Perkins will post 59.251837 earnings per share for the current year.

Travis Perkins Company Profile

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.