Travis Perkins plc 7.6% Potential Upside 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’ 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 their target price at 1429 GBX on its stock. This is indicating the analyst believes there is a potential upside of 7.6% from the opening price of 1327.5 GBX. Over the last 30 and 90 trading days the company share price has increased 19.5 points and decreased 97.5 points respectively. The 52 week high for the share price is currently at 1488.5 GBX while the 52 week low for the stock is 964.75 GBX.

Travis Perkins plc has a 50 day moving average of 1,309.98 GBX and a 200 day moving average of 1,266.32. There are currently 252,143,923 shares in issue with the average daily volume traded being 720,746. Market capitalisation for LON:TPK is £3,362,339,213 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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