Canaccord Genuity Reiterates Buy Rating for Topps Tiles (TPT)
Topps Tiles (LON:TPT)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity in a research note issued to investors on Monday. They currently have a GBX 90 ($1.24) target price on the stock. Canaccord Genuity’s price objective indicates a potential upside of 0.11% from the company’s previous close.
A number of other analysts have also recently weighed in on TPT. Peel Hunt reaffirmed a “buy” rating and set a GBX 100 ($1.38) price target on shares of Topps Tiles in a research report on Tuesday, November 28th. Liberum Capital reaffirmed a “buy” rating and set a GBX 100 ($1.38) price target on shares of Topps Tiles in a research report on Tuesday, January 9th.
Shares of Topps Tiles (LON TPT) opened at GBX 89.90 ($1.24) on Monday. Topps Tiles has a 12-month low of GBX 60 ($0.83) and a 12-month high of GBX 107 ($1.48). The firm has a market cap of $168.37 and a price-to-earnings ratio of 1,284.29.
Topps Tiles Company Profile
Topps Tiles Plc is a United Kingdom-based retailer of tiles. The Company is engaged in the retail distribution of ceramic and porcelain tiles, natural stone, and related products. It operates in the Topps Tiles stores and online business segment. It supplies tiles and associated products to both trade and retail customer base, primarily for the refurbishment of the United Kingdom domestic housing.
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