Travis Perkins (OTCMKTS:TPRKY) Shares Gap Down – Here’s What Happened

Travis Perkins PLC (OTCMKTS:TPRKY – Get Free Report)’s share price gapped down prior to trading on Wednesday. The stock had previously closed at $8.12, but opened at $7.75. Travis Perkins shares last traded at $7.75, with a volume of 3,502 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Barclays lowered Travis Perkins from an “overweight” rating to an “underweight” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Travis Perkins in a research note on Wednesday, August 5th. One analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Travis Perkins presently has an average rating of “Reduce”.

Get Our Latest Stock Report on TPRKY

Travis Perkins Stock Down 0.7%

The stock has a 50 day moving average of $8.29 and a two-hundred day moving average of $7.69.

Travis Perkins Company Profile

(Get Free Report)

Travis Perkins plc is a United Kingdom-based distributor of building materials and construction supplies. Through its merchanting businesses, the company serves professional builders, contractors, tradespeople, housebuilders, and other customers involved in residential, commercial, and infrastructure construction.

The company supplies a broad range of products, including timber, bricks, blocks, insulation, plumbing and heating equipment, tools, workwear, kitchens, bathrooms, and landscaping materials.

Further Reading

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