Trifast Plc Given Buy Rating at N+1 Singer (TRI)
Trifast Plc (LON:TRI)‘s stock had its “buy” rating reaffirmed by investment analysts at N+1 Singer in a note issued to investors on Monday, Stock Ratings Network.com reports. They currently have a GBX 89 ($1.46) price objective on the stock. N+1 Singer’s target price would indicate a potential upside of 11.25% from the stock’s previous close.
Trifast Plc (LON:TRI) traded down 2.50% during mid-day trading on Monday, hitting GBX 78.00. The stock had a trading volume of 53,240 shares. Trifast Plc has a 52-week low of GBX 45.28 and a 52-week high of GBX 90.00. The stock’s 50-day moving average is GBX 79.12 and its 200-day moving average is GBX 68.52. The company’s market cap is £84.6 million.
Trifast plc is a United Kingdom-based company is an international manufacturer and distributor of industrial fastenings and category ‘C’ components.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.