Deutsche Bank has reaffirmed its 'sell' rating on Travis Perkins with a target price of 550p, slightly below the current 572.5p share price. The bank highlights ongoing weakness in the UK construction market, noting a 10% drop in brick deliveries in July—the lowest in over 40 years. Despite Travis Perkins showing some pricing strength in the first half of the year, Deutsche Bank remains cautious due to uncertain demand and supply dynamics in the merchant sector. The upcoming third-quarter update will be closely watched for signs of sustained pricing momentum and volume trends, but the bank expects continued pressure on earnings and limited recovery potential for the stock.
Travis Perkins faces a Deutsche Bank 'sell' rating amid weak UK construction demand. For readers following the Consumer Cyclical sector, here is Pluang's market snapshot as of Oct 07, 2026 19:01 WIB: of 112 priced US stocks, 28 rose and 79 fell. Notable movers include RENT at USD 1.52 with a 7.88% drop and 91% sell order activity, SFIX at USD 2.52 down 5.62% with 95% buy orders, and CPRI at USD 14.14 down 3.58% with 66% buy orders.
Diebold Nixdorf will release its third quarter 2026 financial results on October 28 before the NYSE opens. CEO Octavio Marquez and CFO Tom Timko will discuss the results in a conference call and webcast starting at 8:30 a.m. ET the same day. The comp...
In response to a measles outbreak and statewide emergency in New York, CVS Health is offering measles-mumps-rubella (MMR) vaccinations at over 530 CVS Pharmacy locations and MinuteClinic sites across the state. The MMR vaccine is crucial to prevent t...
XRP's price dropped about 3.9% from $1.52 to $1.46 on Oct. 6-7, even as U.S. spot XRP ETFs saw $3.14 million in net inflows, led by Bitwise's $10.55 million inflow. Despite these positive fund flows, XRP's price decline suggests ETF activity did not ...
Circle has minted about $1 billion worth of USDC stablecoins on the Solana blockchain in the past 24 hours, significantly increasing the supply of dollar-pegged stablecoins available for trading and decentralized finance activities on the network. Th...
FirstService Residential, a leading property management company in New York, was honored as Property Management Firm of the Year at the 17th RED Residential Real Estate Awards. This award recognizes the company's excellence in service, leadership, an...
