Trifast plc (LON:TRI) had its target price boosted by Peel Hunt from GBX 265 ($3.49) to GBX 275 ($3.62) in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the stock. Peel Hunt’s price objective would indicate a potential upside of 13.05% from the stock’s current price.
Several other equities research analysts have also recently issued reports on TRI. FinnCap reissued a “buy” rating and issued a GBX 254 ($3.34) target price on shares of Trifast plc in a research report on Monday, September 25th. N+1 Singer reaffirmed a “buy” rating on shares of Trifast plc in a research report on Monday, September 25th.
Shares of Trifast plc (LON:TRI) opened at GBX 243.26 ($3.20) on Tuesday. Trifast plc has a twelve month low of GBX 179.50 ($2.36) and a twelve month high of GBX 249.89 ($3.29).
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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