Travis Perkins PLC (LON:TPK) Rating Reaffirmed
In an interesting research report revealed to clients on 21 December, Deutsche Bank has restated their Buy rating on Travis Perkins PLC (LON:TPK) shares.
From a total of 18 analysts covering Travis Perkins PLC (LON:TPK) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 2530 while the lowest target price is GBX 1558. The mean of all analyst targets is GBX 2171.22 with a 17.89% above today’s (GBX 1927) stock price. Travis Perkins PLC was the topic of 62 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 14 with “Buy” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 2234 target share price in a report from a November 11. AlphaValue maintained TPK stock in a recent report from December 3 with “Add” rating. Berenberg maintained the rating on November 10. Berenberg has a “Buy” rating and a GBX 2400 price target on shares. Finally, Goldman Sachs maintained the stock with “Buy” rating in a report issued on a November 23.
The stock closed the day at GBX 1927 during the previous session. It is down 12.73% since May 22, 2015 and is downtrending. It has underperformed by 6.92% the S&P500.
Travis Perkins plc is a United Kingdom firm operating in the builders’ merchant and home improvement markets. The company has a market cap of 4.80 billion GBP. The Firm is a product supplier to the building and construction market in the United Kingdom. It has 18.53 P/E ratio. The Firm operates through four divisions: General Merchanting, Plumbing & Heating, Contracts and Consumer.