UK building materials distributor Travis Perkins receives "strong-buy" ratings from Barclays and Citigroup despite low stock price.
Travis Perkins, a UK-based building materials distributor, received "strong-buy" ratings from both Barclays and Citigroup, despite its stock price of $9.55 hitting a new 52-week low. The company has a strong financial position with a quick ratio of 0.90, a current ratio of 1.69, and a debt-to-equity ratio of 0.22. Travis Perkins offers tools, building supplies, and other related services through its Merchanting and Toolstation segments.
August 10, 2024
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