Travis Perkins plc 4.3% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Travis Perkins plc with EPIC/TICKER (LON:TPK) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Travis Perkins plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 1400 GBX on its stock. This now indicates the analyst believes there is a potential downside of -4.3% from the opening price of 1463.5 GBX. Over the last 30 and 90 trading days the company share price has increased 239 points and increased 256.5 points respectively. The 1 year high share price is 1550.5 GBX while the 52 week low is 979.6 GBX.

Travis Perkins plc has a 50 day moving average of 1,366.47 GBX and a 200 Day Moving Average share price is recorded at 1,346.78. There are currently 252,143,923 shares in issue with the average daily volume traded being 1,158,352. Market capitalisation for LON:TPK is £3,681,301,275 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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