Travis Perkins (LON:TPK) Receives Buy Rating from Liberum Capital

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Liberum Capital reissued their buy rating on shares of Travis Perkins (LON:TPK) in a report released on Wednesday, ThisIsMoney.Co.Uk reports.

Other research analysts also recently issued research reports about the company. Jefferies Financial Group raised SALVATORE FERRA/ADR from an underperform rating to a hold rating in a report on Tuesday, June 25th. UBS Group set a $125.00 price objective on Caterpillar and gave the stock a sell rating in a report on Friday, May 3rd. Canaccord Genuity set a $394.00 target price on Tesla and gave the company a buy rating in a research report on Wednesday, July 3rd. Bank of America set a $64.00 target price on Verizon Communications and gave the company a buy rating in a research note on Tuesday, April 23rd. Finally, Peel Hunt reissued a hold rating and set a GBX 935 ($12.22) price target (up previously from GBX 920 ($12.02)) on shares of Antofagasta in a research report on Tuesday, July 9th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. Travis Perkins has an average rating of Hold and an average target price of GBX 1,409.50 ($18.42).

Shares of Travis Perkins stock opened at GBX 1,261 ($16.48) on Wednesday. Travis Perkins has a 1-year low of GBX 965.60 ($12.62) and a 1-year high of GBX 1,488.50 ($19.45). The firm has a market capitalization of $3.18 billion and a P/E ratio of -36.66. The company has a quick ratio of 0.84, a current ratio of 1.39 and a debt-to-equity ratio of 22.41. The firm’s 50-day simple moving average is GBX 1,283.94.

In other Travis Perkins news, insider Coline McConville bought 68 shares of the stock in a transaction on Monday, July 1st. The stock was purchased at an average price of GBX 1,303 ($17.03) per share, for a total transaction of £886.04 ($1,157.77).

About Travis Perkins

Travis Perkins plc supplies building and home improvement products in the United Kingdom. The company's General Merchanting division supplies products for various types of repair, maintenance, and improvement projects, as well as new residential and commercial construction. This division serves sole traders and national housebuilders under the Travis Perkins and Benchmarx brands.

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Analyst Recommendations for Travis Perkins (LON:TPK)

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