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JP Morgan Cazenove announced Travis Perkins PLC (LON:TPK), upholding its stock price target at 1,700.00GBX today

Just yesterday Travis Perkins PLC (LON:TPK) traded -0.07% lower at 1,511.00GBX. Travis Perkins PLC’s 50-day moving average is 1,456.95GBX and its 200-day moving average is 1,518.45GBX. The last closing price is down -0.95% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time. 81,099 shares of the stock were exchanged, down from an average trading volume of 1,150,470

In a report released on 10/20/2017 JP Morgan Cazenove hold steady the stock price target of Travis Perkins PLC (LON:TPK) from 1,700.00GBX to 1,700.00GBX reporting a possible upside of 0.13%.

Previously on 10/19/2017, Peel Hunt reported on Travis Perkins PLC (LON:TPK) held steady the target price at 1,610.00GBX. At the time, this indicated a possible upside of 0.08%.

See Chart Below

Travis Perkins PLC (LON:TPK)

Travis Perkins PLC has a 52 week low of 1,301.00GBX and a 52 week high of 1,709.00GBX with a P/E ratio of 417.78 The company’s market cap is currently 0 GBX.

In addition to JP Morgan Cazenove reporting its target price, a total of 17 firms have reported on the stock. The consensus target price is 1,937.47GBX with 6 firms rating the stock a strong buy, 7 firms rating the stock a buy, 8 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

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, Toolstation and Tile Giant.

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