Trifast plc Stock Rating Reaffirmed by Westhouse Securities (TRI)
Trifast plc (LON:TRI)‘s stock had its “buy” rating reaffirmed by research analysts at Westhouse Securities in a report released on Friday. They currently have a GBX 185 ($3.14) price objective on the stock. Westhouse Securities’ price target points to a potential upside of 75.77% from the company’s current price.
Trifast plc (LON:TRI) traded down 7.27% on Friday, hitting GBX 105.25. 326,861 shares of the company’s stock traded hands. Trifast plc has a 52 week low of GBX 54.50 and a 52 week high of GBX 134.00. The stock’s 50-day moving average is GBX 125. and its 200-day moving average is GBX 99.86. The company’s market cap is £114.3 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at FinnCap downgraded shares of Trifast plc to a “hold” rating in a research note on Tuesday, June 17th. They now have a GBX 131 ($2.22) price target on the stock, up previously from GBX 124 ($2.11). Separately, analysts at N+1 Singer raised their price target on shares of Trifast plc from GBX 126 ($2.14) to GBX 140 ($2.38) in a research note on Tuesday, June 17th. They now have a “buy” rating on the stock. Finally, analysts at Edison Investment Research reiterated a “positive” rating on shares of Trifast plc in a research note on Thursday, May 8th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of GBX 166.20 ($2.82).
Trifast plc is a United Kingdom-based company is an international manufacturer and distributor of industrial fastenings and category ‘C’ components.
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