Travis Perkins plc 8% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Travis Perkins plc using EPIC/TICKER code (LON:TPK) 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 1430 GBX on its stock. This would indicate that the analyst believes there is a downside of -8.0% from today’s opening price of 1554 GBX. Over the last 30 and 90 trading days the company share price has increased 63.5 points and increased 270.5 points respectively. The 52 week high share price is 1618.5 GBX while the 52 week low is 1012 GBX.

Travis Perkins plc has a 50 day moving average of 1,462.85 GBX and a 200 Day Moving Average share price is recorded at 1,376.21. There are currently 252,143,923 shares in issue with the average daily volume traded being 820,694. Market capitalisation for LON:TPK is £3,951,095,273 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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