Travis Perkins plc 12.5% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings

Travis Perkins plc using EPIC/TICKER code (LON:TPK) had its stock rating noted as ‘Reiteration’ 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 their target price at 1050 GBX on its stock. This would imply the analyst believes there is a potential downside of -12.5% from the opening price of 1200 GBX. Over the last 30 and 90 trading days the company share price has increased 44 points and increased 0.5 points respectively. The 52 week high for the share price is currently at 1841 GBX while the 52 week low is 573.8 GBX.

Travis Perkins plc has a 50 day moving average of 1,193.71 GBX and a 200 day moving average of 1,293.03. There are currently 252,143,923 shares in issue with the average daily volume traded being 657,810. Market capitalisation for LON:TPK is £3,050,941,468 GBP.

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