Pete Redfern Purchases 249,218 Shares of Travis Perkins plc (LON:TPK) Stock

Travis Perkins plc (LON:TPK) insider Pete Redfern purchased 249,218 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was acquired at an average cost of GBX 803 ($10.33) per share, with a total value of £2,001,220.54 ($2,575,241.98).

Travis Perkins Stock Down 0.4 %

TPK stock opened at GBX 795 ($10.23) on Thursday. Travis Perkins plc has a 12 month low of GBX 687 ($8.84) and a 12 month high of GBX 976 ($12.56). The firm has a market cap of £1.68 billion, a PE ratio of -9,937.50, a P/E/G ratio of 6.44 and a beta of 1.52. The firm has a 50 day simple moving average of GBX 880.36 and a 200 day simple moving average of GBX 857.15. The company has a debt-to-equity ratio of 52.98, a current ratio of 1.65 and a quick ratio of 0.84.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on TPK shares. Berenberg Bank boosted their target price on shares of Travis Perkins from GBX 800 ($10.29) to GBX 880 ($11.32) and gave the company a “hold” rating in a research note on Thursday, October 24th. Deutsche Bank Aktiengesellschaft raised shares of Travis Perkins to a “buy” rating and reduced their target price for the company from GBX 1,100 ($14.16) to GBX 910 ($11.71) in a research note on Thursday, August 1st. Finally, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,100 ($14.16) price target on shares of Travis Perkins in a research report on Friday, August 30th.

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.