# Travis Perkins plc 18.7% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/travis-perkins-plc-18.7-potential-upside-indicated-by-berenberg-bank/4121130392
- Published: 2023-10-20T14:06:40+01:00
- Author: Charlotte Edwards

**Travis Perkins plc** with ticker (LON:TPK) now has a potential upside of 18.7%
according to Berenberg Bank.
Berenberg Bank set a target price of 880 GBX for the
company, which when compared to the Travis Perkins plc share price of 741 GBX at
opening today (20/10/2023) indicates a potential upside of 18.7%. Trading has ranged
between 685 (52 week low) and 1,083 (52 week high) with an average of 448,877 shares
exchanging hands daily. The market capitalisation at the time of writing is £1,526,666,144.
Travis Perkins plc is a distributor of building materials in the United Kingdom.
The Company’s segments include Merchanting and Toolstation. Its Merchanting segment
includes brands, such as Travis Perkins, BSS, Keyline, and CCF. Travis Perkins brand
is a general merchant, which offers heavy side products. BSS brand supplies commercial
and industrial heating and cooling solutions to contractors. CCF brand distributes
insulation and interior building products from its approximately 40 branches to 
contractors throughout Great Britain. Keyline brand supports housebuilders, groundworkers,
and infrastructure contractors to build and redevelop facilities. Toolstation is
a supplier of a range of products to the trade, do-it-yourself (DIY) customers. 
Toolstation operates over 550 branches across Great Britain and also operates in
the Netherlands, Belgium, and France. Its product mix includes plumbing and heating,
heavy side, light side, and timber.

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