Travis Perkins (LON:TPK) PT Raised to GBX 880

Travis Perkins (LON:TPK) had its price target boosted by equities research analysts at Berenberg Bank from GBX 800 ($10.39) to GBX 880 ($11.43) in a research report issued on Thursday, MarketBeat Ratings reports. The brokerage currently has a “hold” rating on the stock. Berenberg Bank’s price target points to a potential upside of 2.56% from the stock’s current price.

TPK has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft upgraded shares of Travis Perkins to a “buy” rating and reduced their target price for the stock from GBX 1,100 ($14.28) to GBX 910 ($11.82) in a report on Thursday, August 1st. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 1,100 ($14.28) price target on shares of Travis Perkins in a research report on Friday, August 30th.

Travis Perkins Trading Down 2.5 %

Shares of TPK opened at GBX 858 ($11.14) on Thursday. The stock has a market capitalization of £1.81 billion, a PE ratio of -10,725.00, a P/E/G ratio of 6.44 and a beta of 1.52. The company’s fifty day moving average is GBX 904.59 and its 200 day moving average is GBX 849.72. The company has a debt-to-equity ratio of 52.98, a quick ratio of 0.84 and a current ratio of 1.65. Travis Perkins has a fifty-two week low of GBX 687 ($8.92) and a fifty-two week high of GBX 976 ($12.67).

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.