Deutsche Bank Reconfirms Its “Buy” Rating on Travis Perkins PLC (LON:TPK) Shares Today


Travis Perkins PLC (LON:TPK) Rating Reaffirmed

In a very recent research note distributed on 14 December, Deutsche Bank reaffirmed their “Buy” rating on Travis Perkins PLC (LON:TPK) shares.

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 15.56% above today’s (GBX 1966) 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.

Approximately 63,169 shares of stock traded hands. Travis Perkins plc (LON:TPK) has declined 9.42% since May 15, 2015 and is downtrending. It has underperformed by 5.01% the S&P500.

Deutsche Bank Reconfirms Its

Travis Perkins plc is a United Kingdom firm operating in the builders’ merchant and home improvement markets. The company has a market cap of 4.89 billion GBP. The Firm is a product supplier to the building and construction market in the United Kingdom. It has 18.91 P/E ratio. The Firm operates through four divisions: General Merchanting, Plumbing & Heating, Contracts and Consumer.