Travis Perkins (OTCMKTS:TPRKY) Trading Up 2.7% – Should You Buy?

Shares of Travis Perkins PLC (OTCMKTS:TPRKY) rose 2.7% during trading on Tuesday . The stock traded as high as $7.2409 and last traded at $7.2409. Approximately 1,056 shares changed 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 report on Monday, February 23rd. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Travis Perkins Stock Performance

The business’s fifty day moving average price is $7.35 and its 200-day moving average price is $8.12.

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.