Travis Perkins’ (TPK) Hold Rating Reiterated at Berenberg Bank

Travis Perkins (LON:TPK)‘s stock had its “hold” rating reaffirmed by stock analysts at Berenberg Bank in a research report issued on Monday, Marketbeat.com reports. They currently have a GBX 650 price target on the stock. Berenberg Bank’s price target indicates a potential upside of 12.46% from the company’s current price.

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 670 price objective on shares of Travis Perkins in a research report on Wednesday, August 6th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Travis Perkins currently has a consensus rating of “Moderate Buy” and an average price target of GBX 660.

Travis Perkins Stock Performance

LON:TPK opened at GBX 578 on Monday. The company has a debt-to-equity ratio of 48.33, a quick ratio of 0.84 and a current ratio of 1.65. The stock has a market capitalization of £1.22 billion, a P/E ratio of -2,189.39, a PEG ratio of 6.44 and a beta of 1.52. The company has a 50 day moving average price of GBX 585.52 and a 200 day moving average price of GBX 587.32. Travis Perkins has a fifty-two week low of GBX 477.37 and a fifty-two week high of GBX 964.

Travis Perkins (LON:TPK) last posted its quarterly earnings data on Tuesday, August 5th. The company reported GBX 13.30 earnings per share for the quarter. Travis Perkins had a negative net margin of 0.37% and a negative return on equity of 0.85%. Equities research analysts forecast that Travis Perkins will post 59.251837 EPS for the current year.

Travis Perkins Company Profile

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.