Travis Perkins plc (LON:TPK) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1,327.65 and traded as high as $1,400.00. Travis Perkins shares last traded at $1,400.00, with a volume of 890,933 shares.

TPK has been the subject of a number of research reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 1,200 ($15.68) price objective on shares of Travis Perkins in a report on Tuesday, August 13th. Liberum Capital reiterated a “buy” rating on shares of Travis Perkins in a report on Friday, August 30th. Shore Capital reiterated a “sell” rating on shares of Travis Perkins in a report on Wednesday, July 31st. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Travis Perkins in a report on Friday, September 6th. Finally, Royal Bank of Canada upgraded Travis Perkins to an “outperform” rating and upped their price objective for the stock from GBX 1,550 ($20.25) to GBX 1,600 ($20.91) in a report on Friday, July 19th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 1,426.44 ($18.64).

The company has a market capitalization of $3.37 billion and a PE ratio of 47.62. The firm has a fifty day moving average of GBX 1,257.25 and a two-hundred day moving average of GBX 1,327.65. The company has a current ratio of 1.34, a quick ratio of 0.60 and a debt-to-equity ratio of 74.78.

The business also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be issued a dividend of GBX 15.50 ($0.20) per share. This represents a yield of 1.13%. The ex-dividend date is Thursday, October 3rd. Travis Perkins’s dividend payout ratio is presently 1.60%.

In related news, insider Coline McConville bought 68 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was bought at an average cost of GBX 1,303 ($17.03) per share, for a total transaction of £886.04 ($1,157.77).

About Travis Perkins (LON:TPK)

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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