Travis Perkins (LON:TPK) Stock Rating Reaffirmed by Liberum Capital

Liberum Capital restated their buy rating on shares of Travis Perkins (LON:TPK) in a research note published on Wednesday morning, ThisIsMoney.Co.Uk reports.

Several other analysts have also issued reports on TPK. UBS Group set a $125.00 price target on shares of Caterpillar and gave the stock a sell rating in a research report on Friday, May 3rd. Jefferies Financial Group upgraded shares of SALVATORE FERRA/ADR from an underperform rating to a hold rating in a research report on Tuesday, June 25th. Canaccord Genuity set a $394.00 target price on Tesla and gave the stock a buy rating in a research note on Wednesday, July 3rd. Peel Hunt restated a hold rating and set a GBX 935 ($12.22) target price (up from GBX 920 ($12.02)) on shares of Antofagasta in a research note on Tuesday. Finally, Shore Capital reaffirmed a not rated rating on shares of SolGold in a report on Wednesday, May 8th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 1,430.91 ($18.70).

Shares of LON:TPK traded up GBX 8.50 ($0.11) during midday trading on Wednesday, hitting GBX 1,232 ($16.10). The stock had a trading volume of 657,013 shares, compared to its average volume of 1,660,000. The stock has a 50-day moving average price of GBX 1,284.29. The company has a market capitalization of $3.13 billion and a P/E ratio of -35.81. The company has a quick ratio of 0.84, a current ratio of 1.39 and a debt-to-equity ratio of 22.41. Travis Perkins has a fifty-two week low of GBX 965.60 ($12.62) and a fifty-two week high of GBX 1,488.50 ($19.45).

In other Travis Perkins news, insider Coline McConville bought 73 shares of Travis Perkins stock in a transaction on Monday, June 3rd. The shares were purchased at an average price of GBX 1,226 ($16.02) per share, with a total value of £894.98 ($1,169.45).

Travis Perkins Company Profile

Travis Perkins plc supplies building and home improvement products in the United Kingdom. The company's General Merchanting division supplies products for various types of repair, maintenance, and improvement projects, as well as new residential and commercial construction. This division serves sole traders and national housebuilders under the Travis Perkins and Benchmarx brands.

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