Travis Perkins plc 4.9% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Travis Perkins plc using EPIC/TICKER code (LON:TPK) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Travis Perkins plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 920 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.9% from today’s opening price of 877.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 386.8 points and decreased 742.8 points respectively. The 52 week high share price is 1841 GBX while the year low share price is currently 573.8 GBX.

Travis Perkins plc has a 50 day moving average of 1,320.62 GBX and a 200 day moving average of 1,404.27. There are currently 409,259,785 shares in issue with the average daily volume traded being 1,525,894. Market capitalisation for LON:TPK is £2,213,823,643 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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