Travis Perkins plc (LON:TPK)‘s stock had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday. They currently have a GBX 1,775 ($21.97) price objective on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 21.91% from the stock’s current price.
Other equities research analysts have also recently issued reports about the stock. Goodbody restated a “hold” rating on shares of Travis Perkins plc in a report on Tuesday, August 2nd. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 1,600 ($19.80) price objective on shares of Travis Perkins plc in a research note on Wednesday, August 3rd. Deutsche Bank AG reaffirmed a “buy” rating on shares of Travis Perkins plc in a research note on Monday, June 13th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,825 ($22.59) price objective on shares of Travis Perkins plc in a research note on Thursday, August 4th. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 1,740 ($21.53) price objective on shares of Travis Perkins plc in a research note on Monday, July 18th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 1,806.63 ($22.36).
Shares of Travis Perkins plc (LON:TPK) opened at 1438.00 on Tuesday. The company has a 50-day moving average of GBX 1,586.17 and a 200 day moving average of GBX 1,675.48. The company’s market capitalization is GBX 3.58 billion. Travis Perkins plc has a 52-week low of GBX 1,090.00 and a 52-week high of GBX 2,064.00.
The firm also recently announced a dividend, which will be paid on Tuesday, November 8th. Stockholders of record on Thursday, October 6th will be paid a GBX 15.25 ($0.19) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 0.99%.
In other Travis Perkins plc news, insider Ruth Anderson bought 53 shares of Travis Perkins plc stock in a transaction dated Monday, October 3rd. The stock was purchased at an average price of GBX 1,564 ($19.36) per share, for a total transaction of £828.92 ($1,025.89). Also, insider Rogers,John bought 41 shares of Travis Perkins plc stock in a transaction dated Thursday, September 1st. The stock was acquired at an average price of GBX 1,670 ($20.67) per share, with a total value of £684.70 ($847.40).