Travis Perkins plc 3.4% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Travis Perkins plc with EPIC/TICKER (LON:TPK) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Travis Perkins plc are listed in the Industrials sector within UK Main Market. Deutsche Bank have set a target price of 1550 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 3.4% from the opening price of 1499.5 GBX. Over the last 30 and 90 trading days the company share price has increased 10.5 points and increased 250 points respectively. The 52 week high for the stock is 1562 GBX while the year low share price is currently 1012 GBX.

Travis Perkins plc has a 50 day moving average of 1,416.94 GBX and the 200 Day Moving Average price is recorded at 1,362.17. There are currently 252,143,923 shares in issue with the average daily volume traded being 1,033,506. Market capitalisation for LON:TPK is £3,769,551,648 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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