Travis Perkins plc 9% Potential Decrease 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 ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ 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 1040 GBX on its stock. This now indicates the analyst believes there is a potential downside of -9.0% from today’s opening price of 1143 GBX. Over the last 30 and 90 trading days the company share price has increased 113 points and decreased 321 points respectively. The 52 week high for the share price is currently at 1841 GBX while the 52 week low for the share price is 573.8 GBX.

Travis Perkins plc has a 50 day moving average of 1,017.07 GBX and the 200 Day Moving Average price is recorded at 1,365.48. There are currently 252,143,923 shares in issue with the average daily volume traded being 1,130,657. Market capitalisation for LON:TPK is £2,835,358,414 GBP.

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