Travis Perkins plc (OTCMKTS:TPRKY) Short Interest Update

Travis Perkins plc (OTCMKTS:TPRKY) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 600 shares, a growth of 500.0% from the August 15th total of 100 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is currently 0.1 days.

Travis Perkins Trading Up 0.8 %

TPRKY stock traded up $0.08 during mid-day trading on Thursday, reaching $10.28. The company’s stock had a trading volume of 1,781 shares, compared to its average volume of 14,019. The business’s 50 day moving average price is $10.72 and its 200 day moving average price is $11.10. Travis Perkins has a 12 month low of $7.77 and a 12 month high of $13.22.

Wall Street Analyst Weigh In

TPRKY has been the topic of a number of analyst reports. Barclays reduced their price target on Travis Perkins from GBX 965 ($12.08) to GBX 850 ($10.64) in a research report on Thursday, June 22nd. Deutsche Bank Aktiengesellschaft decreased their price target on Travis Perkins from GBX 1,200 ($15.02) to GBX 1,050 ($13.14) in a research report on Monday, June 19th. Finally, Berenberg Bank cut their price objective on shares of Travis Perkins from GBX 1,000 ($12.51) to GBX 955 ($11.95) in a research report on Monday, June 19th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat.com, Travis Perkins has an average rating of “Hold” and an average target price of $974.17.

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company supplies tools and building materials. It also distributes pipeline related products, as well as provides heating solutions. In addition, the company engages in civils and drainage related services.