UBS Group reaffirmed their sell rating on shares of Travis Perkins (LON:TPK) in a report published on Monday morning, ThisIsMoney.Co.Uk reports.

TPK has been the topic of several other research reports. Barclays reaffirmed an equal weight rating on shares of Travis Perkins in a research note on Wednesday, November 13th. Royal Bank of Canada lowered shares of Travis Perkins to a sector performer rating and lowered their price target for the stock from GBX 1,600 ($21.05) to GBX 1,550 ($20.39) in a research report on Friday, January 10th. JPMorgan Chase & Co. restated a neutral rating on shares of Travis Perkins in a research report on Monday, February 3rd. Jefferies Financial Group restated a hold rating on shares of Travis Perkins in a research report on Wednesday, February 5th. Finally, Citigroup upgraded shares of Travis Perkins to a buy rating and boosted their price target for the stock from GBX 1,700 ($22.36) to GBX 1,900 ($24.99) in a research report on Thursday, February 20th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 1,625.09 ($21.38).

TPK traded down GBX 71.50 ($0.94) on Monday, hitting GBX 1,342 ($17.65). 1,033,590 shares of the company’s stock were exchanged, compared to its average volume of 1,660,000. Travis Perkins has a fifty-two week low of GBX 1,160.50 ($15.27) and a fifty-two week high of GBX 1,841 ($24.22). 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 firm has a 50-day moving average price of GBX 1,596.55 and a 200-day moving average price of GBX 1,479.49. The stock has a market cap of $3.38 billion and a price-to-earnings ratio of 45.65.

The company also recently declared a dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Thursday, April 2nd will be given a dividend of GBX 33 ($0.43) per share. This is a boost from Travis Perkins’s previous dividend of $15.50. The ex-dividend date is Thursday, April 2nd. This represents a dividend yield of 2.24%. Travis Perkins’s payout ratio is presently 1.60%.

In other Travis Perkins news, insider Marianne Culver acquired 32 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were purchased at an average cost of GBX 1,627 ($21.40) per share, for a total transaction of £520.64 ($684.87). Also, insider Nick Roberts acquired 153 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was acquired at an average price of GBX 1,595 ($20.98) per share, for a total transaction of £2,440.35 ($3,210.14). In the last three months, insiders have bought 221 shares of company stock worth $350,027.

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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Analyst Recommendations for Travis Perkins (LON:TPK)

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