A number of other equities research analysts also recently weighed in on TPK. Liberum Capital reaffirmed a buy rating on shares of Travis Perkins in a research report on Tuesday, October 23rd. Barclays reaffirmed an equal weight rating and set a GBX 1,150 ($15.03) price objective (down previously from GBX 1,200 ($15.68)) on shares of Travis Perkins in a research report on Tuesday, October 30th. Peel Hunt reaffirmed a hold rating on shares of Travis Perkins in a research report on Tuesday. Berenberg Bank lowered their price objective on shares of Travis Perkins from GBX 1,400 ($18.29) to GBX 1,200 ($15.68) and set a hold rating for the company in a research report on Thursday, August 9th. Finally, Canaccord Genuity reaffirmed a hold rating and set a GBX 1,300 ($16.99) price objective on shares of Travis Perkins in a research report on Tuesday, October 16th. Eleven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of GBX 1,336.08 ($17.46).
TPK opened at GBX 1,083 ($14.15) on Tuesday. Travis Perkins has a 1-year low of GBX 1,233.50 ($16.12) and a 1-year high of GBX 1,709 ($22.33).
About Travis Perkins
Travis Perkins plc operates as a builder's merchant and home improvement product retailer in the United Kingdom. The company's General Merchanting division supplies building materials for various types of repair, maintenance, and improvement projects, as well as new residential and commercial constructions.
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