Research Analysts’ Recent Ratings Changes for Travis Perkins (TPK)

Travis Perkins (LON: TPK) has recently received a number of price target changes and ratings updates:

  • 8/13/2019 – Travis Perkins had its “hold” rating reaffirmed by analysts at Berenberg Bank. They now have a GBX 1,200 ($15.68) price target on the stock.
  • 8/12/2019 – Travis Perkins had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 1,429 ($18.67) to GBX 1,356 ($17.72). They now have a “neutral” rating on the stock.
  • 7/31/2019 – Travis Perkins had its “sell” rating reaffirmed by analysts at Shore Capital.
  • 7/31/2019 – Travis Perkins is now covered by analysts at Canaccord Genuity. They set a “buy” rating and a GBX 1,440 ($18.82) price target on the stock.
  • 7/29/2019 – Travis Perkins had its “neutral” rating reaffirmed by analysts at UBS Group AG.
  • 7/29/2019 – Travis Perkins had its “hold” rating reaffirmed by analysts at Peel Hunt.
  • 7/25/2019 – Travis Perkins had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 1,475 ($19.27) to GBX 1,429 ($18.67). They now have a “neutral” rating on the stock.
  • 7/22/2019 – Travis Perkins had its “hold” rating reaffirmed by analysts at Peel Hunt.
  • 7/19/2019 – Travis Perkins was upgraded by analysts at Royal Bank of Canada to an “outperform” rating. They now have a GBX 1,600 ($20.91) price target on the stock, up previously from GBX 1,550 ($20.25).
  • 7/10/2019 – Travis Perkins had its “buy” rating reaffirmed by analysts at Liberum Capital.
  • 7/9/2019 – Travis Perkins had its “hold” rating reaffirmed by analysts at Peel Hunt.
  • 7/3/2019 – Travis Perkins was upgraded by analysts at Canaccord Genuity to a “buy” rating. They now have a GBX 1,440 ($18.82) price target on the stock, up previously from GBX 1,430 ($18.69).
  • 6/28/2019 – Travis Perkins had its “buy” rating reaffirmed by analysts at Liberum Capital.
  • 6/25/2019 – Travis Perkins had its “hold” rating reaffirmed by analysts at Jefferies Financial Group Inc.
  • 6/17/2019 – Travis Perkins had its “hold” rating reaffirmed by analysts at Peel Hunt.

LON TPK traded up GBX 15 ($0.20) during trading on Friday, reaching GBX 1,181 ($15.43). 403,551 shares of the company traded hands, compared to its average volume of 1,660,000. The company has a debt-to-equity ratio of 74.78, a quick ratio of 0.60 and a current ratio of 1.34. The stock’s 50 day moving average price is GBX 1,270.42 and its two-hundred day moving average price is GBX 1,329.59. The company has a market cap of $2.97 billion and a price-to-earnings ratio of 40.17. Travis Perkins plc has a 1-year low of GBX 965.60 ($12.62) and a 1-year high of GBX 1,488.50 ($19.45).

The business also recently disclosed a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 3rd will be issued a dividend of GBX 15.50 ($0.20) per share. This represents a yield of 1.13%. The ex-dividend date is Thursday, October 3rd. Travis Perkins’s payout ratio is 1.60%.



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

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.

Recommended Story: Understanding Price to Earnings Ratio (PE)

Receive News & Ratings for Travis Perkins plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travis Perkins plc and related companies with MarketBeat.com's FREE daily email newsletter.