Travis Perkins plc (LON:TPK – Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 838.62 ($10.95) and traded as high as GBX 891 ($11.63). Travis Perkins shares last traded at GBX 886.50 ($11.58), with a volume of 198,562 shares.
Wall Street Analyst Weigh In
TPK has been the subject of several analyst reports. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,100 ($14.36) target price on shares of Travis Perkins in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Travis Perkins to a “buy” rating and cut their target price for the stock from GBX 1,100 ($14.36) to GBX 910 ($11.88) in a report on Thursday, August 1st. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 800 ($10.45) price target on shares of Travis Perkins in a report on Friday, August 9th.
View Our Latest Report on Travis Perkins
Travis Perkins Trading Up 2.5 %
Travis Perkins Dividend Announcement
The firm also recently declared a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be paid a GBX 5.50 ($0.07) dividend. This represents a yield of 0.62%. The ex-dividend date of this dividend is Thursday, October 3rd. Travis Perkins’s payout ratio is -13,750.00%.
About Travis Perkins
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.
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