Peel Hunt reissued their buy rating on shares of Trifast plc (LON:TRI) in a research note issued to investors on Monday. Peel Hunt currently has a GBX 265 ($3.56) target price on the stock.

A number of other research analysts have also recently issued reports on TRI. FinnCap lifted their price target on Trifast plc from GBX 240 ($3.23) to GBX 254 ($3.42) and gave the company a buy rating in a report on Tuesday, June 13th. N+1 Singer lifted their price target on Trifast plc from GBX 230 ($3.09) to GBX 242 ($3.25) and gave the company a buy rating in a report on Tuesday, June 13th.

Trifast plc (TRI) opened at 205.75 on Monday. Trifast plc has a 52-week low of GBX 150.00 and a 52-week high of GBX 228.94. The stock’s 50 day moving average is GBX 215.16 and its 200 day moving average is GBX 217.10. The company’s market cap is GBX 247.50 million.

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In other Trifast plc news, insider Geoff Budd sold 203,704 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of GBX 220 ($2.96), for a total transaction of £448,148.80 ($602,674.56).

Trifast plc Company Profile

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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