Travis Perkins (LON:TPK) PT Raised to GBX 880 at Berenberg Bank

Travis Perkins (LON:TPK) had its target price increased by analysts at Berenberg Bank from GBX 800 ($10.39) to GBX 880 ($11.43) in a report released on Thursday, Digital Look reports. The firm currently has a “hold” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 1.62% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft raised Travis Perkins to a “buy” rating and decreased their price target for the stock from GBX 1,100 ($14.28) to GBX 910 ($11.82) in a research note on Thursday, August 1st. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,100 ($14.28) price target on shares of Travis Perkins in a research note on Friday, August 30th.

Travis Perkins Trading Down 1.7 %

Shares of Travis Perkins stock traded down GBX 15 ($0.19) on Thursday, reaching GBX 866 ($11.24). The company had a trading volume of 7,269,565 shares, compared to its average volume of 899,542. The firm has a market cap of £1.83 billion, a price-to-earnings ratio of -10,831.25, a P/E/G ratio of 6.44 and a beta of 1.52. The company has a debt-to-equity ratio of 52.98, a current ratio of 1.65 and a quick ratio of 0.84. The firm’s 50-day moving average price is GBX 905.48 and its two-hundred day moving average price is GBX 848.87. Travis Perkins has a 1 year low of GBX 687 ($8.92) and a 1 year high of GBX 976 ($12.67).

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.