Topps Tiles’ (TPT) “Buy” Rating Reiterated at Peel Hunt

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Peel Hunt reaffirmed their buy rating on shares of Topps Tiles (LON:TPT) in a report published on Thursday.

Several other equities analysts have also weighed in on TPT. Liberum Capital reaffirmed a buy rating on shares of Topps Tiles in a research note on Friday, May 18th. Credit Suisse Group reaffirmed a buy rating and issued a GBX 84 ($1.09) price objective on shares of Topps Tiles in a research note on Tuesday, May 22nd. Finally, Berenberg Bank reduced their price objective on Topps Tiles from GBX 70 ($0.91) to GBX 65 ($0.85) and set a hold rating on the stock in a research note on Thursday, July 5th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Topps Tiles presently has a consensus rating of Buy and an average target price of GBX 84.60 ($1.10).

Shares of LON:TPT opened at GBX 62.20 ($0.81) on Thursday. Topps Tiles has a 12-month low of GBX 60 ($0.78) and a 12-month high of GBX 107 ($1.39).

Topps Tiles Company Profile

Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for homeowners and tile fitters in the United Kingdom. The company offers bathroom, kitchen, floor, wall, and mosaic tiles. It also provides adhesives and grouts; and tools and essentials, such as trims, underfloor heating products, cutters, tools and accessories, cleaning and maintenance products, underfloor heating products, and wet room products.

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Analyst Recommendations for Topps Tiles (LON:TPT)

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