Trifast plc (TRI) Price Target Raised to GBX 165 at FinnCap
Trifast plc (LON:TRI) had its target price hoisted by FinnCap from GBX 155 ($2.02) to GBX 165 ($2.15) in a report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. FinnCap’s price objective points to a potential upside of 5.77% from the company’s current price.
A number of other analysts also recently issued reports on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 160 ($2.09) price target on shares of Trifast plc in a report on Wednesday, July 27th. N+1 Singer reiterated a “buy” rating on shares of Trifast plc in a research report on Thursday, September 29th.
Trifast plc (LON:TRI) opened at 156.00 on Tuesday. Trifast plc has a 52-week low of GBX 101.96 and a 52-week high of GBX 156.00. The stock’s 50 day moving average price is GBX 147.51 and its 200-day moving average price is GBX 137.38. The stock’s market capitalization is GBX 182.13 million.
In other news, insider Budd,Geoff sold 75,000 shares of Trifast plc stock in a transaction dated 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).
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.
Receive News & Stock Ratings for Trifast plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trifast plc and related stocks with our FREE daily email newsletter.