Barclays Downgrades Travis Perkins to Underweight, Cuts PT

08:29 AM EDT, 07/22/2026 (MT Newswires) -- Barclays on Wednesday downgraded building materials group Travis Perkins (TPK.L) to underweight from overweight and decreased its price target to 4.61 pounds sterling from 8.60 pounds. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)