Trifast plc (LON:TRI) had its price objective hoisted by equities researchers at FinnCap from GBX 155 ($2.02) to GBX 165 ($2.15) in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. FinnCap’s target price points to a potential upside of 5.77% from the company’s current price.
TRI has been the subject of a number of other reports. N+1 Singer reaffirmed a “buy” rating on shares of Trifast plc in a research note on Thursday, September 29th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 160 ($2.09) target price on shares of Trifast plc in a research note on Friday, July 8th.
Shares of Trifast plc (LON:TRI) opened at 156.00 on Tuesday. The stock’s 50 day moving average price is GBX 147.51 and its 200-day moving average price is GBX 137.38. The firm’s market cap is GBX 182.13 million. Trifast plc has a 52-week low of GBX 101.96 and a 52-week high of GBX 156.00.
In other Trifast plc news, insider Budd,Geoff sold 75,000 shares of the business’s stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of GBX 132 ($1.72), for a total value of £99,000 ($129,225.95).
Trifast plc Company Profile
Trifast plc is a United Kingdom-based manufacturer and distributor of industrial fastenings and category C components. The Company provides design support and problem solving solutions to its customers. The Company designs, manufactures and distributes mechanical fasteners on a global basis to both distributors and original equipment manufacturer (OEM) assemblers.
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