Travis Perkins plc (TPK) Insider John Rogers Acquires 43 Shares of Stock

Travis Perkins plc (LON:TPK) insider John Rogers purchased 43 shares of the stock in a transaction on Friday, December 1st. The stock was acquired at an average cost of GBX 1,583 ($21.31) per share, with a total value of £680.69 ($916.14).

Travis Perkins plc (LON TPK) opened at GBX 1,549 ($20.85) on Tuesday. Travis Perkins plc has a 52-week low of GBX 1,332 ($17.93) and a 52-week high of GBX 1,709 ($23.00).

TPK has been the subject of several recent research reports. Deutsche Bank reissued a “buy” rating on shares of Travis Perkins in a research note on Monday, November 6th. Berenberg Bank upped their price objective on shares of Travis Perkins from GBX 1,700 ($22.88) to GBX 1,800 ($24.23) and gave the company a “buy” rating in a research note on Friday, October 27th. Citigroup reaffirmed a “buy” rating on shares of Travis Perkins in a research note on Friday, October 13th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 1,700 ($22.88) price objective on shares of Travis Perkins in a research note on Thursday, October 19th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Travis Perkins in a research note on Wednesday, October 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 1,695.42 ($22.82).

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Travis Perkins Company Profile

Travis Perkins plc is a United Kingdom-based product supplier to the building, construction and home improvement markets. The Company operates through segments, which include General Merchanting, Plumbing & Heating, Contracts and Consumer. The General Merchanting segment consists of the Travis Perkins and Benchmarx brands and supplies products for various types of repair, maintenance and improvement projects (RMI), as well as new residential and commercial construction.

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