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

Travis Perkins plc (LON:TPK) insider Pete Redfern acquired 249,218 shares of Travis Perkins stock in a transaction that occurred on 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 Price Performance

LON TPK opened at GBX 803.50 ($10.34) on Tuesday. The company has a debt-to-equity ratio of 52.98, a current ratio of 1.65 and a quick ratio of 0.84. The stock’s fifty day moving average price is GBX 883.77 and its 200 day moving average price is GBX 856. Travis Perkins plc has a 1 year low of GBX 687 ($8.84) and a 1 year high of GBX 976 ($12.56). The company has a market cap of £1.69 billion, a price-to-earnings ratio of -9,975.00, a PEG ratio of 6.44 and a beta of 1.52.

Analyst Ratings Changes

TPK has been the topic of a number of recent analyst reports. Berenberg Bank upped their price target on Travis Perkins from GBX 800 ($10.29) to GBX 880 ($11.32) and gave the stock a “hold” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. reaffirmed 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. Finally, Deutsche Bank Aktiengesellschaft raised Travis Perkins to a “buy” rating and reduced their price target for the stock from GBX 1,100 ($14.16) to GBX 910 ($11.71) in a research report on Thursday, August 1st.

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.