Trifast PLC (LON:TRI) target price raised to 190.00GBX, reported today by Cantor Fitzgerald
- Updated: October 3, 2016
Having a price of 157.88GBX, Trifast PLC (LON:TRI) traded 2.56% higher on the day. With the last close up 16.46% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Trifast PLC has recorded a 50-day average of 147.51GBX and a two hundred day average of 137.38GBX. Volume of trade was down over the average, with 27,593 shares of TRI changing hands under the typical 157,962
Trifast PLC (LON:TRI) had its stock price target increased to 190.00GBX by Cantor Fitzgerald in an issued report issued 10/04/2016. The new stock price target indicates a possible upside of 0.20% based on the company's most recent close.
Recent Performance Chart
Trifast PLC has PE ratio of 18.82 with a one year low of 101.96GBX and a one year high of 161.00GBX and has a market capitalization of 0 GBX.
A total of 5 brokerages have issued a ratings update on Trifast PLC. Four brokerages rating the company a strong buy, two brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 164.40GBX.
General Company Details For 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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