Breaking Finance News

Peel Hunt announced Trifast PLC (LON:TRI), bumping its target to 275.00GBX earlier today

Boasting a price of 236.00GBX, Trifast PLC (LON:TRI) traded -1.01% lower on the day. With the last stock price close up 1.28% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Trifast PLC has recorded a 50-day average of 211.86GBX and a two hundred day average of 217.47GBX. Volume of trade was down over the average, with 4,855 shares of TRI changing hands under the typical 53,970

Peel Hunt bumped up the target of Trifast PLC (LON:TRI) to 275.00GBX stating a potential upside of 0.17%.

On Tuesday October 31, 2017, Peel Hunt released a statement for Trifast PLC (LON:TRI) maintained the target price at 265.00GBX that suggested an upside of 0.19%.

Performance Chart

Trifast PLC (LON:TRI)

With a total market value of 0 GBX, Trifast PLC has price-earnings ratio of 21.18 with a one year low of 171.50GBX and a one year high of 228.94GBX .

A total of 5 equity analysts have released a research note on TRI. Four equity analysts rating the company a strong buy, two equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 164.40GBX.

Brief Synopsis About 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *