Travis Perkins (TPK)

Sector:

Support

Index:

FTSE 250

1,032.00p
   
  • Change Today:
      17.00p
  • 52 Week High: 1,490.00
  • 52 Week Low: 738.00
  • Currency: UK Pounds
  • Shares Issued: 212.51m
  • Volume: 360,958
  • Market Cap: £2,193.10m
  • RiskGrade: 152

RBC Capital cuts Travis Perkins target price after Toolstation miss

By Michele Maatouk

Date: Thursday 04 Aug 2022

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets cut its price target on shares of Travis Perkins on Thursday following the company's first-half results earlier in the week.
"We adjust forecasts to reflect the H1 Toolstation miss and higher losses expected for the FY in Europe," the bank said.

"Our EBITA forecasts come down 6% for this year and 2% for next. Our forecasts for Merchanting are largely unchanged, whilst we remain confident in our long-term prognosis for Toolstation."

RBC trimmed its price target to 1,400p from 1,500p as a result of these changes. "Whilst there is a lack of obvious catalysts, we see the shares as too cheap," it said. It rates the stock at 'outperform'.

On Tuesday, Travis Perkins shares tumbled after it said its Toolstation business swung to an £8m loss in the first half from a profit of £10m in the same period a year earlier as the pandemic boost faded.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Travis Perkins Market Data

Currency UK Pounds
Share Price 1,032.00p
Change Today 17.00p
% Change 1.67 %
52 Week High 1,490.00
52 Week Low 738.00
Volume 360,958
Shares Issued 212.51m
Market Cap £2,193.10m
RiskGrade 152

Travis Perkins Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.18% above the market average55.18% above the market average55.18% above the market average55.18% above the market average55.18% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Price Trend
41.71% below the market average41.71% below the market average41.71% below the market average41.71% below the market average41.71% below the market average
43.93% below the sector average43.93% below the sector average43.93% below the sector average43.93% below the sector average43.93% below the sector average
Income
27.83% above the market average27.83% above the market average27.83% above the market average27.83% above the market average27.83% above the market average
25.37% above the sector average25.37% above the sector average25.37% above the sector average25.37% above the sector average25.37% above the sector average
Growth
27.18% above the market average27.18% above the market average27.18% above the market average27.18% above the market average27.18% above the market average
20.39% above the sector average20.39% above the sector average20.39% above the sector average20.39% above the sector average20.39% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 13
Sell 4
Strong Sell 0
Total 21
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Travis Perkins Dividends

  Latest Previous
  Interim Final
Ex-Div 06-Oct-22 31-Mar-22
Paid 11-Nov-22 13-May-22
Amount 12.50p 26.00p

Trades for 01-Feb-2023

Time Volume / Share Price
15:08 261 @ 1,031.50p
15:07 3 @ 1,032.00p
15:07 25 @ 1,032.50p
15:07 99 @ 1,032.50p
15:07 15 @ 1,032.50p

Travis Perkins Key Personnel

CFO Alan Williams
CEO Nick Roberts

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