Topps Tiles Plc (TPT) Earns Buy Rating from Liberum Capital
Topps Tiles Plc (LON:TPT)‘s stock had its “buy” rating reaffirmed by analysts at Liberum Capital in a report released on Wednesday. They presently have a GBX 130 ($1.70) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 30.33% from the company’s previous close.
Several other equities analysts have also commented on TPT. Peel Hunt lowered their target price on Topps Tiles Plc from GBX 190 ($2.48) to GBX 150 ($1.96) and set a “buy” rating for the company in a report on Wednesday, July 6th. Berenberg Bank lowered their target price on Topps Tiles Plc from GBX 155 ($2.02) to GBX 125 ($1.63) and set a “hold” rating for the company in a report on Tuesday, August 9th.
Topps Tiles Plc (LON:TPT) traded down 2.21% during trading on Wednesday, reaching GBX 99.75. The company’s stock had a trading volume of 439,624 shares. The firm’s market capitalization is GBX 191.57 million. The firm has a 50-day moving average price of GBX 114.26 and a 200-day moving average price of GBX 126.01. Topps Tiles Plc has a 52 week low of GBX 95.00 and a 52 week high of GBX 171.00.
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Topps Tiles Plc Company Profile
Topps Tiles PLC is a United Kingdom-based retailer of tiles. The Company’s business focuses on wood flooring, and supplies tiles and associated accessories for refurbishment of domestic housing. Its principal activity includes the retail distribution of ceramic and porcelain tiles, natural stone, wood flooring and related products.
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