Jefferies Financial Group Reiterates Hold Rating for Travis Perkins (LON:TPK)

Travis Perkins (LON:TPK)‘s stock had its “hold” rating reiterated by analysts at Jefferies Financial Group in a report issued on Tuesday, June 25th, ThisIsMoney.Co.Uk reports.

TPK has been the topic of a number of other reports. Liberum Capital reissued a “hold” rating on shares of ITV PLC/ADR in a report on Wednesday, May 8th. Bank of America set a $64.00 price target on Verizon Communications and gave the stock a “buy” rating in a report on Tuesday, April 23rd. UBS Group set a $125.00 price target on Caterpillar and gave the stock a “sell” rating in a report on Friday, May 3rd. Barclays boosted their price target on Veeva Systems from $130.00 to $133.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 27th. Finally, Shore Capital reissued a “not rated” rating on shares of SolGold in a report on Wednesday, May 8th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,409.50 ($18.42).

Shares of TPK stock traded down GBX 8.50 ($0.11) during trading hours on Tuesday, reaching GBX 1,278 ($16.70). 418,973 shares of the company traded hands, compared to its average volume of 1,660,000. Travis Perkins has a 12-month low of GBX 965.60 ($12.62) and a 12-month high of GBX 1,488.50 ($19.45). The company has a debt-to-equity ratio of 22.41, a quick ratio of 0.84 and a current ratio of 1.39. The stock has a market cap of $3.22 billion and a P/E ratio of -37.15. The stock’s 50-day moving average price is GBX 1,282.82.

In related news, insider Coline McConville bought 68 shares of the business’s stock in a transaction dated Monday, July 1st. The shares were purchased at an average price of GBX 1,303 ($17.03) per share, with a total value of £886.04 ($1,157.77).

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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Analyst Recommendations for Travis Perkins (LON:TPK)

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