Travis Perkins PLC (LON:TPK) has been retained to Buy in a report by Deutsche Bank today.
- Updated: September 22, 2016
Yesterday Travis Perkins PLC (LON:TPK) traded -1.72% lower at 1,554.50GBX. The company’s 50-day moving average is 1,600.05GBX and its 200-day moving average is 1,702.24GBX. The last stock close price is down -9.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 151,294 shares of the stock were exchanged, down from an average trading volume of 1,299,930
Deutsche Bank has retained Travis Perkins PLC (LON:TPK) to Buy in a statement released on 09/23/2016.
Previously on Tuesday September 20, 2016, Liberum Capital reported about Travis Perkins PLC (LON:TPK) held steady the target price at 1,825.00GBX. At the time, this indicated a possible upside of 0.15%.
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Travis Perkins PLC has a 52 week low of 1,090.00GBX and a 52 week high of 2,064.00GBX with a P/E ratio of 21.78 The company’s market cap is currently 0 GBX.
In addition to Deutsche Bank 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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