Travis Perkins plc 25.3% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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Travis Perkins plc using EPIC/TICKER code (LON:TPK) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Markets. Travis Perkins plc are listed in the Industrials sector within UK Main Market. RBC Capital Markets have set their target price at 1600 GBX on its stock. This would imply the analyst believes there is now a potential upside of 25.3% from today’s opening price of 1277 GBX. Over the last 30 and 90 trading days the company share price has decreased 71 points and decreased 192.5 points respectively. The 52 week high for the share price is currently at 1488.5 GBX while the year low share price is currently 964.75 GBX.

Travis Perkins plc has a 50 day moving average of 1,317.36 GBX and a 200 day moving average of 1,260.92. There are currently 252,143,923 shares in issue with the average daily volume traded being 718,377. Market capitalisation for LON:TPK is £3,206,009,980 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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