FinnCap Boosts Trifast plc (TRI) Price Target to GBX 176
Trifast plc (LON:TRI) had its price target upped by FinnCap from GBX 165 ($2.04) to GBX 176 ($2.18) in a research note published on Tuesday morning. The brokerage currently has a buy rating on the stock.
Other analysts have also issued research reports about the company. Peel Hunt increased their price target on Trifast plc from GBX 175 ($2.17) to GBX 210 ($2.60) and gave the company a buy rating in a report on Tuesday. N+1 Singer restated a buy rating on shares of Trifast plc in a report on Thursday, September 29th.
Shares of Trifast plc (LON:TRI) opened at 179.00 on Tuesday. The company’s market capitalization is GBX 208.98 million. Trifast plc has a 1-year low of GBX 101.96 and a 1-year high of GBX 182.00. The stock has a 50 day moving average of GBX 167.89 and a 200-day moving average of GBX 145.77.
The firm also recently disclosed a dividend, which will be paid on Thursday, April 13th. Shareholders of record on Thursday, March 16th will be given a GBX 1 ($0.01) dividend. This represents a yield of 0.55%. The ex-dividend date is Thursday, March 16th.
About Trifast plc
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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