According to an update released by analysts at Peel Hunt the broker has now set a ‘Hold’ rating on shares of Travis Perkins PLC (LON:TPK) with a price target of 1580.
Peel Hunt on Wednesday reiterated Travis Perkins PLC’s analyst rating as ‘Hold’ with its price target of 1580 highlighting a potential increase of 11.11% from Travis Perkins PLC’s current price of 1422.
Over the last twelve months Travis Perkins PLC’s stock price has decreased from 1879.67 to 1422, a change of -24.35%.
Travis Perkins PLC has 248,833,000 shares in issue which have a share price of 1422 giving Travis Perkins PLC a market capitalisation of 3.54B GBp.
The company has a 50 day moving average of 1566.03 and a 200 day moving average of 1665.94. The 52 week high shares of Travis Perkins PLC have reached is 2064 whilst the 52 week low for the company’s shares is 1090.
Travis Perkins plc is a United Kingdom-based product supplier to the building, construction and home improvement markets. The Company operates through segments, which include General Merchanting, Plumbing & Heating, Contracts and Consumer. The General Merchanting segment consists of the Travis Perkins and Benchmarx brands and supplies products for various types of repair, maintenance and improvement projects (RMI), as well as new residential and commercial construction. The Plumbing & Heating segment supplies plumbing and bathroom products under the iflo brand, and also includes brands, such as Plumbing Trade Supplies and City Plumbing Supplies. The Contracts segment supplies civils, heavy building materials and drainage solutions, and has three businesses, Keyline, CCF and BSS. The Consumer segment supplies domestic building and decorative materials through retail stores, and includes brands, such as Wickes, Toolstation and Tile Giant.