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Travis Perkins (LON:TPK) price target increased to 1,910GBX as reported today by Peel Hunt Limited

Reporting a possible upside of 0.23%, Peel Hunt Limited bumped the target price of Travis Perkins (LON:TPK) to 1,910GBX

Yesterday Travis Perkins (LON:TPK) traded 2.53% lower at 1,549.00GBX. Travis Perkins’s 50-day average is 1,561.94GBX and its 200-day average is 1,749.13GBX. The last stock price is down 13.96% from the 200-day moving average, compared with the S&P 500 Index which has raised 0.00% over the date range. 185,832 shares of the stock traded, down from an average trading volume of 1,091,630.

Recent Performance Graphic:

Travis Perkins (LON:TPK)

Travis Perkins has a PE of 23 with a one-year low of 1,090.00GBX and a one-year high of 2,261.00GBX. Travis Perkins’s total market value is currently 3.7B GBX.

In addition to Peel Hunt Limited reporting it’s target price, a total of 17 equity analysts have issued a ratings update on the company. The one year target is 1,937.47GBX with six analysts rating the stock a strong buy, seven firms rating the company a buy, eight analyts rating the stock a hold, zero rating the company to underperform, and finally zero firmsrating the stock as sell.

Brief Synopsis On Travis Perkins (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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