Travis Perkins (LON:TPK)‘s stock had its “buy” rating reiterated by Citigroup Inc. in a research note issued on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 1,910 ($31.33) price target on the stock. Citigroup Inc.’s target price would indicate a potential upside of 0.74% from the company’s current price.
Shares of Travis Perkins (LON:TPK) opened at 1895.9999 on Tuesday. Travis Perkins has a one year low of GBX 1114.00 and a one year high of GBX 1898.00. The stock’s 50-day moving average is GBX 1782. and its 200-day moving average is GBX 1685.. The company’s market cap is £4.553 billion.
A number of other analysts have also recently weighed in on TPK. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Travis Perkins in a research note to investors on Monday, December 16th. They now have a GBX 1,592 ($26.11) price target on the stock. Separately, analysts at Cantor Fitzgerald initiated coverage on shares of Travis Perkins in a research note to investors on Wednesday, December 11th. They set a “buy” rating and a GBX 1,950 ($31.98) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Travis Perkins in a research note to investors on Wednesday, December 11th. They now have a GBX 1,579 ($25.90) price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Travis Perkins currently has a consensus rating of “Hold” and a consensus price target of GBX 1,726.05 ($28.31).
Travis Perkins plc is a builder’s merchant and home improvement retailer in the United Kingdom. The general merchanting division supplies building materials to professional building companies, contractors and tradesman throughout Great Britain.
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