Trifast plc (TRI) Rating Reiterated by Peel Hunt
Trifast plc (LON:TRI)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a report issued on Thursday. They presently have a GBX 265 ($3.45) target price on the stock. Peel Hunt’s target price would indicate a potential upside of 22.12% from the stock’s previous close.
Several other equities research analysts have also recently weighed in on TRI. FinnCap increased their price objective on Trifast plc from GBX 225 ($2.93) to GBX 240 ($3.13) and gave the stock a “buy” rating in a report on Thursday, April 20th. N+1 Singer reissued a “buy” rating and issued a GBX 230 ($3.00) target price on shares of Trifast plc in a research report on Thursday, April 20th.
Trifast plc (LON:TRI) traded up 0.46% during midday trading on Thursday, reaching GBX 218.00. 6,240 shares of the company’s stock were exchanged. The company’s market cap is GBX 262.24 million. Trifast plc has a 12 month low of GBX 131.48 and a 12 month high of GBX 228.94. The company has a 50 day moving average price of GBX 220.46 and a 200 day moving average price of GBX 215.52.
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Trifast plc Company Profile
Trifast plc is a manufacturer and distributor of industrial fastenings and category C components to a range of industries and customers. The Company designs, manufactures and distributes mechanical fasteners on a global basis to both distributors and to original equipment manufacturer (OEM) assemblers.
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