Travis Perkins’ (TPK) Buy Rating Reiterated at Liberum Capital

Liberum Capital reiterated their buy rating on shares of Travis Perkins (LON:TPK) in a research report sent to investors on Tuesday morning.

A number of other brokerages also recently commented on TPK. Peel Hunt reissued a hold rating on shares of Travis Perkins in a research note on Tuesday, October 23rd. Shore Capital reissued a hold rating on shares of Travis Perkins in a research note on Tuesday, October 23rd. Canaccord Genuity reissued a hold rating and issued a GBX 1,300 ($16.99) target price on shares of Travis Perkins in a research note on Monday, September 3rd. Berenberg Bank cut their target price on shares of Travis Perkins from GBX 1,400 ($18.29) to GBX 1,200 ($15.68) and set a hold rating on the stock in a research note on Thursday, August 9th. Finally, UBS Group cut their target price on shares of Travis Perkins from GBX 1,515 ($19.80) to GBX 1,240 ($16.20) and set a neutral rating on the stock in a research note on Thursday, August 23rd. Eleven research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Travis Perkins has a consensus rating of Hold and a consensus price target of GBX 1,336.08 ($17.46).

Shares of TPK stock opened at GBX 1,090 ($14.24) on Tuesday. Travis Perkins has a 52 week low of GBX 1,233.50 ($16.12) and a 52 week high of GBX 1,709 ($22.33).



In other news, insider Stuart J. Chambers purchased 319 shares of the stock in a transaction that occurred on Thursday, November 1st. The stock was acquired at an average cost of GBX 1,066 ($13.93) per share, with a total value of £3,400.54 ($4,443.41). Also, insider Coline McConville purchased 81 shares of the stock in a transaction that occurred on Monday, December 3rd. The shares were purchased at an average cost of GBX 1,100 ($14.37) per share, with a total value of £891 ($1,164.25). Over the last ninety days, insiders have purchased 484 shares of company stock valued at $518,698.

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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Analyst Recommendations for Travis Perkins (LON:TPK)

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