Travis Perkins (OTCMKTS:TVPKF) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday, Zacks.com reports.

According to Zacks, “Travis Perkins plc is engaged in supplying building materials to the UK’s building and construction industry. The company offers building materials that include aggregates, sand, and cement; bricks, blocks, lintels, and damp proofing; drains and foundations; dry lining and plastering products; and insulation, roofing, and sustainable products. It also involves in the sale of timber, building materials, and plumbing and heating products, as well as hiring of tools. Travis also provides clothing and personal protective equipment; decorative products; electrical products; kitchens and bathrooms; and landscaping, plumbing and heating, timber, joinery, sheet material, tools, fixings, and consumable products, as well as involves in property management. Travis Perkins plc is based in Northampton, the United Kingdom. “

Separately, ValuEngine raised Travis Perkins from a “sell” rating to a “hold” rating in a report on Monday, March 25th.

TVPKF stock remained flat at $$17.91 during midday trading on Wednesday. Travis Perkins has a twelve month low of $16.50 and a twelve month high of $18.52.

Travis Perkins Company Profile

Travis Perkins plc supplies building and home improvement products in the United Kingdom. The company's General Merchanting division supplies products for various types of repair, maintenance, and improvement projects, as well as new residential and commercial construction. This division serves sole traders and national housebuilders under the Travis Perkins and Benchmarx brands.

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