Travis Perkins (LON:TPK) Receives Add Rating from Peel Hunt

Travis Perkins (LON:TPK – Get Rating)‘s stock had its “add” rating restated by analysts at Peel Hunt in a research report issued on Tuesday, Marketbeat.com reports. They presently have a GBX 1,030 ($12.43) target price on the stock. Peel Hunt’s price target suggests a potential upside of 1.98% from the company’s previous close.

Separately, JPMorgan Chase & Co. downgraded Travis Perkins to an “underweight” rating and decreased their target price for the company from GBX 900 ($10.86) to GBX 800 ($9.65) in a research report on Thursday, December 8th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of GBX 1,357.50 ($16.38).

Travis Perkins Stock Performance

LON TPK opened at GBX 1,010 ($12.19) on Tuesday. The company has a market cap of £2.15 billion, a PE ratio of 909.46, a price-to-earnings-growth ratio of 6.44 and a beta of 1.49. The stock’s 50 day simple moving average is GBX 991.57 and its 200-day simple moving average is GBX 910.29. Travis Perkins has a 1-year low of GBX 707.80 ($8.54) and a 1-year high of GBX 1,459.50 ($17.61). The company has a debt-to-equity ratio of 44.42, a current ratio of 1.56 and a quick ratio of 0.84.

Travis Perkins Company Profile

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Travis Perkins plc distributes building materials to the building, construction, and home improvement markets in the United Kingdom. It operates through, Merchanting, and Toolstation segments. The Merchanting segment distributes interior building products, which include drywalls, ceilings, external envelopes, fire protection products, flooring and partitioning products, and tools and accessories to professionals within the construction industry; civil, drainage, and heavy building materials to specialist contractors and trade professionals; and pipeline and heating solutions.