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Travis Perkins PLC (LON:TPK) has been downgraded to Hold in a report by Beaufort Securities today.

Beaufort Securities has downgraded Travis Perkins PLC(LON:TPK) to Hold in a report released on 8/03/2016.

Previously on 8/02/2016, Peel Hunt Limited released a statement for Travis Perkins PLC(LON:TPK) upped the target price from 0.00GBX to 1,910.00GBX. At the time, this suggested an upside of 0.23%.

Showing a price of 1,520.00GBX, Travis Perkins PLC (LON:TPK) traded 1.02% higher on the day. With the last stock close down 7.53% relative to the 200-day average, compared with the S&P 500 which has fallen -0.01% over the same time. The company has been tracking to a 50-day moving average of 1,598.89GBX and two hundred day moving average of 1,706.57GBX. 597,608 shares of the stock exchanged hands, down from ann avg. trading volume of 1,288,330

Performance Graph:

Travis Perkins PLC (LON:TPK)

With a total market value of 0.0 GBX, Travis Perkins PLC has a 52 week low of 1,090.00GBX and a 52 week high of 2,064.00GBX with a price-earnings ratio of 22.

A total of 17 brokerages have released a ratings update on the stock. Six firms rate the company a strong buy, seven firms rate the stock a buy, eight firms rate the company a hold, 0 rate the company to underperform, and finally 0 firmsrate the stock as sell with a one year target price of 1,937.47GBX

General Information 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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