Travis Perkins (TVPKF) Downgraded to “Sell” at Zacks Investment Research

Travis Perkins (OTCMKTS:TVPKF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday.

According to Zacks, “Travis Perkins plc is engaged in supplying building materials to the UK’s building and construction industry. The company offers building materials that include aggregates, sand, and cement; bricks, blocks, lintels, and damp proofing; drains and foundations; dry lining and plastering products; and insulation, roofing, and sustainable products. It also involves in the sale of timber, building materials, and plumbing and heating products, as well as hiring of tools. Travis also provides clothing and personal protective equipment; decorative products; electrical products; kitchens and bathrooms; and landscaping, plumbing and heating, timber, joinery, sheet material, tools, fixings, and consumable products, as well as involves in property management. Travis Perkins plc is based in Northampton, the United Kingdom. “

TVPKF remained flat at $$14.80 during mid-day trading on Tuesday. The firm has a market cap of $3.73 billion, a PE ratio of 12.44, a PEG ratio of 3.06 and a beta of 0.29. The company has a current ratio of 1.36, a quick ratio of 0.86 and a debt-to-equity ratio of 0.23. Travis Perkins has a twelve month low of $17.76 and a twelve month high of $20.95.

About Travis Perkins

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.

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