Credit Suisse Group AG reiterated their outperform rating on shares of Travis Perkins plc (LON:TPK) in a report released on Friday. The brokerage currently has a GBX 1,950 ($24.13) target price on the stock.
Several other research analysts also recently weighed in on the company. Deutsche Bank AG reiterated a buy rating and issued a GBX 2,220 ($27.48) target price on shares of Travis Perkins plc in a research note on Sunday, June 26th. Citigroup Inc. reiterated a buy rating and issued a GBX 1,800 ($22.28) target price on shares of Travis Perkins plc in a research note on Wednesday, August 3rd. Liberum Capital reiterated a buy rating and issued a GBX 1,825 ($22.59) target price on shares of Travis Perkins plc in a research note on Thursday, August 4th. Jefferies Group lifted their target price on Travis Perkins plc from GBX 1,760 ($21.78) to GBX 1,770 ($21.91) and gave the company a buy rating in a research note on Friday, August 5th. Finally, Panmure Gordon reiterated a hold rating and issued a GBX 1,500 ($18.56) target price on shares of Travis Perkins plc in a research note on Tuesday, August 2nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 1,806.63 ($22.36).
Travis Perkins plc (LON:TPK) opened at 1459.00 on Friday. The firm’s market capitalization is GBX 3.63 billion. Travis Perkins plc has a 1-year low of GBX 1,090.00 and a 1-year high of GBX 2,064.00. The company has a 50-day moving average price of GBX 1,589.69 and a 200 day moving average price of GBX 1,677.04.
The firm also recently announced a dividend, which will be paid on Tuesday, November 8th. Investors of record on Thursday, October 6th will be paid a GBX 15.25 ($0.19) dividend. The ex-dividend date is Thursday, October 6th. This represents a yield of 0.99%.
In other Travis Perkins plc news, insider Rogers,John bought 41 shares of the company’s stock in a transaction that occurred on Thursday, September 1st. The stock was purchased at an average cost of GBX 1,670 ($20.67) per share, for a total transaction of £684.70 ($847.40). Also, insider Ruth Anderson bought 53 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The stock was acquired at an average price of GBX 1,564 ($19.36) per share, with a total value of £828.92 ($1,025.89).
About Travis Perkins plc
Travis Perkins plc is a United Kingdom-based product supplier to the building, construction and home improvement markets. The Company operates through segments, which include General Merchanting, Plumbing & Heating, Contracts and Consumer. The General Merchanting segment consists of the Travis Perkins and Benchmarx brands and supplies products for various types of repair, maintenance and improvement projects (RMI), as well as new residential and commercial construction.
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