Travis Perkins (OTCMKTS:TPRKY) Stock Price Up 2.7% – Here’s What Happened

Travis Perkins PLC (OTCMKTS:TPRKY) shares rose 2.7% during trading on Tuesday . The company traded as high as $7.2409 and last traded at $7.2409. Approximately 1,056 shares traded hands during trading, an increase of 116% from the average daily volume of 489 shares. The stock had previously closed at $7.0472.

Analysts Set New Price Targets

Separately, Barclays reissued an “overweight” rating on shares of Travis Perkins in a research note on Monday, February 23rd. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Travis Perkins has a consensus rating of “Hold”.

Travis Perkins Price Performance

The stock’s 50 day moving average is $7.36 and its two-hundred day moving average is $8.13.

About Travis Perkins

Travis Perkins plc, trading over the counter as TPRKY, is a leading supplier of building materials and home improvement products in the United Kingdom. The company serves professional builders, contractors and do-it-yourself customers through an extensive network of branch outlets and online channels. Its core offerings span timber and joinery, bricks and blocks, roofing materials, landscaping products, and a wide range of plumbing and heating supplies.

In addition to traditional builders’ merchant services, Travis Perkins has expanded its portfolio to include tool hire, safety equipment and specialist services such as plant and tool servicing.