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A statement released earlier today by Canaccord Genuity about Travis Perkins PLC (LON:TPK) bumps down the target price to 1,710.00GBX

Canaccord Genuity lowered the target stock price of Travis Perkins PLC (LON:TPK) to 1,710GBX, reporting a possible upside of 0.09%.

Displaying a price of 1,576.00GBX, Travis Perkins PLC (LON:TPK) traded 0.45% lower on the day. The last stock price is down 8.62% from the 200-day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. Travis Perkins PLC has logged a 50-day moving average of 1,597.19GBX and 200-day moving average of 1,709.41GBX. Trading volume was was up over the average, with 1,845,100 shares of TPK changing hands over the typical 1,282,430 shares.

See Chart Below:

Travis Perkins PLC (LON:TPK)

Travis Perkins PLC has a one-year low of 1,090.00GBX and a one-year high of 2,064.00GBX with a P/E ratio of 22 and has a market cap of 0.0 GBX.

A total of 17 brokerages have reported on TPK. Six analysts rate the stock a strong buy, seven firms rate the stock a buy, eight analyts rate the stock a hold, 0 rate the company to underperform, and lastly 0 brokeragesrate the stock as sell with a one year target stock price of 1,937.47GBX

More About Travis Perkins PLC (LON:TPK)

Travis Perkins plc is a United Kingdom-based product supplier to the building, construction and home improvement markets. The Company operates through segments, which include General Merchanting, Plumbing & Heating, Contracts and Consumer. The General Merchanting segment consists of the Travis Perkins and Benchmarx brands and supplies products for various types of repair, maintenance and improvement projects (RMI), as well as new residential and commercial construction. The Plumbing & Heating segment supplies plumbing and bathroom products under the iflo brand, and also includes brands, such as Plumbing Trade Supplies and City Plumbing Supplies. The Contracts segment supplies civils, heavy building materials and drainage solutions, and has three businesses, Keyline, CCF and BSS. The Consumer segment supplies domestic building and decorative materials through retail stores, and includes brands, such as Wickes, and Toolstation and Tile Giant.

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