Topps Tiles Plc (TPT) Given New GBX 125 Price Target at Peel Hunt
Topps Tiles Plc (LON:TPT) had its price target decreased by Peel Hunt from GBX 140 ($1.81) to GBX 125 ($1.62) in a report released on Wednesday. The firm presently has a “buy” rating on the stock. Peel Hunt’s price objective points to a potential upside of 49.70% from the company’s previous close.
Several other research analysts also recently commented on the company. Canaccord Genuity downgraded Topps Tiles Plc to a “hold” rating and cut their target price for the stock from GBX 99 ($1.28) to GBX 93 ($1.20) in a report on Wednesday, May 24th. Liberum Capital cut their target price on Topps Tiles Plc from GBX 130 ($1.68) to GBX 110 ($1.42) and set a “buy” rating on the stock in a report on Wednesday, April 19th.
Topps Tiles Plc (LON TPT) remained flat at GBX 83.50 during midday trading on Wednesday. 31,578 shares of the stock were exchanged. The company’s market cap is GBX 160.54 million. Topps Tiles Plc has a 1-year low of GBX 79.50 and a 1-year high of GBX 124.00. The company has a 50-day moving average of GBX 89.98 and a 200-day moving average of GBX 89.84.
The firm also recently disclosed a dividend, which will be paid on Friday, July 14th. Stockholders of record on Thursday, June 15th will be given a GBX 1.10 ($0.01) dividend. This represents a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, June 15th.
Topps Tiles Plc Company Profile
Topps Tiles Plc is a United Kingdom-based retailer of tiles. The Company is engaged in the retail distribution of ceramic and porcelain tiles, natural stone, and related products. It operates in the Topps Tiles stores and online business segment. It supplies tiles and associated products to both trade and retail customer base, primarily for the refurbishment of the United Kingdom domestic housing.
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