Topps Tiles Plc (TPT) Given Buy Rating at Peel Hunt
A number of other brokerages have also weighed in on TPT. Liberum Capital reaffirmed a buy rating and set a GBX 130 ($1.61) price objective on shares of Topps Tiles Plc in a report on Tuesday. Berenberg Bank dropped their price objective on Topps Tiles Plc from GBX 155 ($1.92) to GBX 125 ($1.55) and set a hold rating on the stock in a report on Tuesday, August 9th.
Topps Tiles Plc (LON:TPT) opened at 86.50 on Tuesday. The stock’s 50 day moving average price is GBX 89.01 and its 200 day moving average price is GBX 112.86. Topps Tiles Plc has a 12-month low of GBX 79.50 and a 12-month high of GBX 171.00. The stock’s market cap is GBX 166.13 million.
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The firm also recently disclosed a dividend, which will be paid on Friday, February 3rd. Investors of record on Thursday, January 5th will be issued a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 2.96%. The ex-dividend date is Thursday, January 5th. This is a positive change from Topps Tiles Plc’s previous dividend of $1.00.
About Topps Tiles Plc
Topps Tiles PLC is a United Kingdom-based retailer of tiles. The Company’s business focuses on wood flooring, and supplies tiles and associated accessories for refurbishment of domestic housing. Its principal activity includes the retail distribution of ceramic and porcelain tiles, natural stone, wood flooring and related products.
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