Travis Perkins PLC (LON:TPK): Liberum Capital Reaffirms “Buy” Rating Today, Has a Target of GBX 2250.00/Share


Travis Perkins PLC (LON:TPK) Rating Reaffirmed

They currently have a GBX 2250.00 target on Travis Perkins PLC (LON:TPK). The target price by Liberum Capital would suggest a potential upside of 10.21% from the company’s last stock price. This has been revealed to clients and investors in a very recent research note on Thursday morning.

From a total of 18 analysts covering Travis Perkins PLC (LON:TPK) stock, 12 rate it a ”Buy”, 1 a “Sell”, and 6 a ”Hold”. This means that 63% of the ratings are positive. The highest target price is GBX 2650 while the lowest target price is GBX 1558. The mean of all analyst targets is GBX 2190.28 with a 10.92% above today’s (GBX 2041) stock price. Travis Perkins PLC was the topic of 57 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on November 25 with “Buy” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 2234 target share price in a report from a November 11. Deutsche Bank maintained TPK stock in a recent report from November 23 with “Buy” rating. Barclays Capital maintained the rating on October 23. Barclays Capital has a “Equal Weight” rating and a GBX 2050 price target on shares. Finally, Goodbody maintained the stock with “Buy” rating in a report issued on an October 23.

Approximately 37,246 shares of stock traded hands. Travis Perkins plc (LON:TPK) has declined 1.32% since May 6, 2015 and is downtrending. It has underperformed by 1.03% the S&P500.

Travis Perkins PLC (LON:TPK): Liberum Capital Reaffirms

Travis Perkins plc is a United Kingdom firm operating in the builders’ merchant and home improvement markets. The company has a market cap of 5.07 billion GBP. The Firm is a product supplier to the building and construction market in the United Kingdom. It has 19.63 P/E ratio. The Firm operates through four divisions: General Merchanting, Plumbing & Heating, Contracts and Consumer.