Liberum Capital Reaffirms “Buy” Rating for Travis Perkins (LON:TPK)

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

A number of other brokerages have also recently issued reports on TPK. Peel Hunt restated a hold rating and issued a GBX 935 ($12.22) target price (up from GBX 920 ($12.02)) on shares of Antofagasta in a report on Tuesday, July 9th. Shore Capital reaffirmed a not rated rating on shares of SolGold in a report on Wednesday, May 8th. Bank of America set a $64.00 price target on Verizon Communications and gave the company a buy rating in a research report on Tuesday, April 23rd. Canaccord Genuity set a $394.00 price target on Tesla and gave the stock a buy rating in a research note on Wednesday, July 3rd. Finally, UBS Group set a $125.00 price target on Caterpillar and gave the stock a sell rating in a research note on Friday, May 3rd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. Travis Perkins has a consensus rating of Hold and a consensus price target of GBX 1,409.50 ($18.42).

Shares of LON:TPK opened at GBX 1,261 ($16.48) on Wednesday. Travis Perkins has a one year low of GBX 965.60 ($12.62) and a one year high of GBX 1,488.50 ($19.45). The firm’s fifty day moving average is GBX 1,283.94. The firm has a market cap of $3.18 billion and a P/E ratio of -36.66. The company has a debt-to-equity ratio of 22.41, a current ratio of 1.39 and a quick ratio of 0.84.

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

About Travis Perkins

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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Analyst Recommendations for Travis Perkins (LON:TPK)

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