Trifast plc’s (TRI) Buy Rating Reaffirmed at N+1 Singer
A number of other research firms have also weighed in on TRI. Peel Hunt reaffirmed a buy rating and set a GBX 160 ($2.09) price objective on shares of Trifast plc in a research report on Wednesday, July 27th. FinnCap reiterated a buy rating and set a GBX 155 ($2.02) target price on shares of Trifast plc in a research report on Monday, July 18th.
Shares of Trifast plc (LON:TRI) opened at 151.33 on Thursday. The company’s 50-day moving average price is GBX 146.85 and its 200-day moving average price is GBX 136.82. Trifast plc has a 1-year low of GBX 101.96 and a 1-year high of GBX 154.00. The company’s market capitalization is GBX 176.67 million.
In other news, insider Budd,Geoff sold 75,000 shares of the business’s stock in a transaction dated Friday, July 22nd. The stock was sold at an average price of GBX 132 ($1.72), for a total value of £99,000 ($129,225.95).
Trifast plc Company Profile
Trifast plc is a United Kingdom-based manufacturer and distributor of industrial fastenings and category C components. The Company provides design support and problem solving solutions to its customers. The Company designs, manufactures and distributes mechanical fasteners on a global basis to both distributors and original equipment manufacturer (OEM) assemblers.
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