Travis Perkins plc (LON:TPK) Insider Purchases £2,001,220.54 in Stock

Travis Perkins plc (LON:TPK) insider Pete Redfern acquired 249,218 shares of the stock in a transaction on Monday, November 11th. The shares were bought at an average cost of GBX 803 ($10.33) per share, for a total transaction of £2,001,220.54 ($2,575,241.98).

Travis Perkins Stock Up 1.3 %

Shares of LON:TPK opened at GBX 805 ($10.36) on Friday. The company has a market capitalization of £1.70 billion, a price-to-earnings ratio of -10,062.50, a PEG ratio of 6.44 and a beta of 1.52. Travis Perkins plc has a 12-month low of GBX 687 ($8.84) and a 12-month high of GBX 976 ($12.56). The business has a 50-day moving average price of GBX 878.97 and a 200 day moving average price of GBX 857.74. The company has a current ratio of 1.65, a quick ratio of 0.84 and a debt-to-equity ratio of 52.98.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on TPK shares. Deutsche Bank Aktiengesellschaft raised shares of Travis Perkins to a “buy” rating and lowered their price target for the company from GBX 1,100 ($14.16) to GBX 910 ($11.71) in a research report on Thursday, August 1st. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 1,100 ($14.16) target price on shares of Travis Perkins in a report on Friday, August 30th. Finally, Berenberg Bank raised their price target on shares of Travis Perkins from GBX 800 ($10.29) to GBX 880 ($11.32) and gave the stock a “hold” rating in a report on Thursday, October 24th.

Travis Perkins Company Profile

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.