Trifast plc (LON:TRI) had its target price hoisted by Peel Hunt from GBX 160 ($2.09) to GBX 175 ($2.28) in a research report released on Tuesday morning. They currently have a buy rating on the stock.
TRI has been the subject of several other reports. N+1 Singer reiterated a buy rating on shares of Trifast plc in a research note on Thursday, September 29th. FinnCap reiterated a buy rating and set a GBX 155 ($2.02) price objective on shares of Trifast plc in a research note on Tuesday, June 14th.
Shares of Trifast plc (LON:TRI) opened at 167.65 on Tuesday. Trifast plc has a 12-month low of GBX 101.96 and a 12-month high of GBX 171.00. The firm’s market cap is GBX 195.73 million. The firm’s 50-day moving average price is GBX 149.56 and its 200 day moving average price is GBX 138.17.
In other news, insider Budd,Geoff sold 75,000 shares of the stock in a transaction on Friday, July 22nd. The stock was sold at an average price of GBX 132 ($1.72), for a total transaction of £99,000 ($129,225.95).
About Trifast plc
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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