Analysts Set Travis Perkins plc (TPK) Price Target at $1,404.29

Shares of Travis Perkins plc (LON:TPK) have been assigned a consensus recommendation of “Hold” from the thirteen analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 1,404.29 ($18.70).

A number of equities analysts recently issued reports on the company. Liberum Capital reissued a “buy” rating on shares of Travis Perkins in a report on Friday, June 8th. Canaccord Genuity reissued a “hold” rating and issued a GBX 1,420 ($18.91) price objective on shares of Travis Perkins in a report on Friday, May 25th. Shore Capital reissued a “hold” rating and issued a GBX 1,285 ($17.11) price objective on shares of Travis Perkins in a report on Friday, April 27th. Peel Hunt reissued an “add” rating and issued a GBX 1,430 ($19.04) price objective on shares of Travis Perkins in a report on Friday, April 27th. Finally, Numis Securities reissued a “hold” rating and issued a GBX 1,330 ($17.71) price objective on shares of Travis Perkins in a report on Wednesday, April 18th.

Shares of Travis Perkins traded up GBX 15 ($0.20), hitting GBX 1,402 ($18.67), during trading on Friday, Marketbeat reports. 1,218,928 shares of the company traded hands, compared to its average volume of 1,660,000. Travis Perkins has a one year low of GBX 1,233.50 ($16.42) and a one year high of GBX 1,709 ($22.75).



In other Travis Perkins news, insider Tony Buffin sold 19,700 shares of the company’s stock in a transaction that occurred on Tuesday, May 8th. The stock was sold at an average price of GBX 1,306 ($17.39), for a total value of £257,282 ($342,540.27). Also, insider Ruth Anderson bought 63 shares of the business’s stock in a transaction on Monday, July 2nd. The stock was purchased at an average price of GBX 1,410 ($18.77) per share, with a total value of £888.30 ($1,182.67). Insiders acquired 248 shares of company stock valued at $337,618 over the last 90 days.

Travis Perkins Company Profile

Travis Perkins plc operates as a builder's merchant and home improvement product retailer in the United Kingdom. The company's General Merchanting division supplies building materials for various types of repair, maintenance, and improvement projects, as well as new residential and commercial constructions.

Analyst Recommendations for Travis Perkins (LON:TPK)

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