Travis Perkins (OTCMKTS:TPRKY) Shares Gap Down – Time to Sell?

Travis Perkins PLC (OTCMKTS:TPRKY – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $7.64, but opened at $7.25. Travis Perkins shares last traded at $7.25, with a volume of 100 shares traded.

Analysts Set New Price Targets

Several brokerages recently issued reports on TPRKY. Barclays lowered Travis Perkins from an “overweight” rating to an “underweight” rating in a report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Travis Perkins in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce”.

Read Our Latest Stock Report on Travis Perkins

Travis Perkins Price Performance

The stock’s 50 day simple moving average is $8.30 and its 200-day simple moving average is $7.69.

About Travis Perkins

(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

Receive News & Ratings for Travis Perkins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travis Perkins and related companies with MarketBeat.com's FREE daily email newsletter.