Travis Perkins (NASDAQ:TVPKF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Saturday.

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. “

Shares of Travis Perkins (NASDAQ:TVPKF) remained flat at $19.25 during mid-day trading on Friday. The firm’s 50-day moving average is $18.24 and its 200-day moving average is $18.21. Travis Perkins has a 12 month low of $17.60 and a 12 month high of $25.45. The firm has a market capitalization of $4.80 billion and a price-to-earnings ratio of 310.48.

TRADEMARK VIOLATION WARNING: This piece was first reported by Marea Informative and is owned by of Marea Informative. If you are reading this piece on another site, it was illegally copied and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be viewed at http://www.mareainformativa.com/travis-perkins-tvpkf-rebajo-por-zacks-investment-research-para-vender/108278/.

5 Day Chart for NASDAQ:TVPKF

Get a free copy of the Zacks research report on Travis Perkins (TVPKF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Stock Ratings for Travis Perkins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travis Perkins and related stocks with our FREE daily email newsletter.