Travis Perkins plc (TPK) Given Average Rating of “Hold” by Brokerages

Shares of Travis Perkins plc (LON:TPK) have earned a consensus recommendation of “Hold” from the fourteen ratings firms that are presently covering the firm, Marketbeat reports. Eleven research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 1,277.17 ($16.69).

A number of equities research analysts recently commented on TPK shares. Shore Capital restated a “hold” rating on shares of Travis Perkins in a research report on Tuesday. Peel Hunt reiterated a “hold” rating on shares of Travis Perkins in a report on Tuesday, October 23rd. Liberum Capital restated a “buy” rating on shares of Travis Perkins in a report on Tuesday, October 23rd. Canaccord Genuity reaffirmed a “hold” rating and set a GBX 1,300 ($16.99) price target on shares of Travis Perkins in a research note on Monday, September 3rd. Finally, UBS Group reaffirmed a “neutral” rating on shares of Travis Perkins in a research note on Wednesday.

In related news, insider Stuart J. Chambers acquired 319 shares of the firm’s stock in a transaction on Thursday, November 1st. The shares were purchased at an average price of GBX 1,066 ($13.93) per share, with a total value of £3,400.54 ($4,443.41). Also, insider Coline McConville acquired 84 shares of the firm’s stock in a transaction on Monday, October 1st. The shares were bought at an average cost of GBX 1,066 ($13.93) per share, for a total transaction of £895.44 ($1,170.05). Over the last three months, insiders acquired 484 shares of company stock valued at $518,698.

Shares of TPK traded down GBX 5 ($0.07) during mid-day trading on Monday, hitting GBX 1,083 ($14.15). 1,314,937 shares of the company’s stock were exchanged, compared to its average volume of 1,660,000. Travis Perkins has a fifty-two week low of GBX 1,233.50 ($16.12) and a fifty-two week high of GBX 1,709 ($22.33).

Travis Perkins Company Profile

Travis Perkins plc operates as a builder's merchant and home improvement product retailer in the United Kingdom. The company's General Merchanting division supplies building materials for various types of repair, maintenance, and improvement projects, as well as new residential and commercial constructions.

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Analyst Recommendations for Travis Perkins (LON:TPK)

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