Cantor Fitzgerald recorded Trifast PLC (LON:TRI), hiking its price target to 215.00GBX earlier today
- Updated: November 27, 2016
Stating a potential upside of 0.15%, Cantor Fitzgerald bumped up the target of Trifast PLC (LON:TRI) to 215.00GBX
Previously on 2/16/2016, Peel Hunt reported on Trifast PLC (LON:TRI) held steady the target price at 150.00GBX. At the time, this indicated a possible upside of 0.36%.
Just yesterday Trifast PLC (LON:TRI) traded -0.51% lower at 187.00GBX. Trifast PLC’s 50-day moving average is 176.32GBX and its 200-day moving average is 149.37GBX. The last closing price is up 25.22% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 4,302 shares of TRI traded hands, down from an average trading volume of 144,415
Recent Performance Chart
Trifast PLC has 52 week low of 101.96GBX and a 52 week high of 192.00GBX with a PE ratio of 19.48 and has a market capitalization of 0 GBX.
In addition to Cantor Fitzgerald reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is 164.40GBX with 4 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Trifast PLC (LON:TRI)
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. Its geographical segments include the United Kingdom, Europe, the United States and Asia. It owns a range of fastener solutions for specific industries and applications, including fasteners for sheet metal, fasteners for plastic, security fasteners, thread-locking nuts and micro-diameter fasteners. Its brands include Pozidriv, Polymate, Binx and Hank. Its products are used in various markets, such as automotive, electronics/telecoms and domestic appliances. It operates in Norway, Sweden, Hungary, Ireland, Holland, Italy, Germany, Poland, Malaysia, China, Singapore, Taiwan, Thailand and India. Its subsidiaries include Trifast Overseas Holdings Ltd and TR Formac Fastenings Private Ltd.
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