Analysts at UBS AG upped their price target on shares of Travis Perkins (LON:TPK) from GBX 1,825 ($29.51) to GBX 1,960 ($31.69) in a research report issued to clients and investors on Monday, StockRatingsNetwork reports. The firm currently has a “buy” rating on the stock. UBS AG’s target price points to a potential upside of 9.44% from the stock’s previous close.
Shares of Travis Perkins (LON:TPK) opened at 1803.0001 on Monday. Travis Perkins has a 52 week low of GBX 1048.00 and a 52 week high of GBX 1787.9999. The stock has a 50-day moving average of GBX 1644. and a 200-day moving average of GBX 1568.. The company’s market cap is £4.329 billion.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Travis Perkins in a research note to investors on Monday. They now have a GBX 1,900 ($30.72) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Travis Perkins in a research note to investors on Monday, October 14th. They now have a GBX 1,745 ($28.22) price target on the stock. Finally, analysts at RBC Capital upgraded shares of Travis Perkins to a “top pick” rating in a research note to investors on Monday, October 14th. They now have a GBX 1,900 ($30.72) price target on the stock. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 1,593.41 ($25.77).
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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