Travis Perkins’ (TPK) Hold Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Travis Perkins (LON:TPK) in a report released on Tuesday, ThisIsMoney.Co.Uk reports.

TPK has been the topic of a number of other research reports. Shore Capital reissued a not rated rating on shares of SolGold in a research report on Wednesday, May 8th. Liberum Capital cut their price objective on shares of from GBX 545 ($7.12) to GBX 350 ($4.57) and set a buy rating on the stock in a research report on Friday, June 28th. UBS Group set a $125.00 price objective on shares of Caterpillar and gave the stock a sell rating in a research report on Friday, May 3rd. Bank of America set a $64.00 price objective on shares of Verizon Communications and gave the stock a buy rating in a research report on Tuesday, April 23rd. Finally, Jefferies Financial Group raised shares of SALVATORE FERRA/ADR from an underperform rating to a hold rating in a research report on Tuesday, June 25th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of GBX 1,430.91 ($18.70).

Shares of TPK stock opened at GBX 1,259.50 ($16.46) on Tuesday. The stock has a fifty day simple moving average of GBX 1,284.29. The company has a debt-to-equity ratio of 22.41, a quick ratio of 0.84 and a current ratio of 1.39. The company has a market capitalization of $3.16 billion and a price-to-earnings ratio of -36.61. Travis Perkins has a 12 month low of GBX 965.60 ($12.62) and a 12 month high of GBX 1,488.50 ($19.45).

In other news, insider Coline McConville bought 73 shares of the stock in a transaction that occurred on Monday, June 3rd. The shares were acquired at an average cost of GBX 1,226 ($16.02) per share, for a total transaction of £894.98 ($1,169.45).

Travis Perkins Company Profile

Travis Perkins plc supplies building and home improvement products in the United Kingdom. The company's General Merchanting division supplies products for various types of repair, maintenance, and improvement projects, as well as new residential and commercial construction. This division serves sole traders and national housebuilders under the Travis Perkins and Benchmarx brands.

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Analyst Recommendations for Travis Perkins (LON:TPK)

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