Travis Perkins plc 13% Potential Decrease Indicated by UBS

Broker Ratings
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Travis Perkins plc using EPIC/TICKER code (LON:TPK) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SELL’ this morning by analysts at UBS. Travis Perkins plc are listed in the Industrials sector within UK Main Market. UBS have set a target price of 1400 GBX on its stock. This is indicating the analyst believes there is a potential downside of -13.0% from the opening price of 1610 GBX. Over the last 30 and 90 trading days the company share price has decreased 17 points and increased 140 points respectively. The 1 year high share price is 1841 GBX while the 52 week low for the stock is 1160.5 GBX.

Travis Perkins plc has a 50 day moving average of 1,600.47 GBX and a 200 Day Moving Average share price is recorded at 1,408.34. There are currently 252,143,923 shares in issue with the average daily volume traded being 839,417. Market capitalisation for LON:TPK is £4,090,374,011 GBP.

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    Travis Perkins plc (LON:TPK) releases its first quarter trading update, showing challenges in the construction industry. Revenue down by (3.7)%. #TravisPerkins #Construction #TradingUpdate

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