Today, Peel Hunt Raises Trifast plc (TRI) Price Target to GBX 210

Today, Peel Hunt Raises Trifast plc (TRI) Price Target to GBX 210
Trifast plc (LON:TRI) had its price target increased by equities research analysts at Peel Hunt from GBX 175 ($2.19) to GBX 210 ($2.62) in a research note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s price objective indicates a potential upside of 11.70% from the company’s previous close.

A number of other equities analysts have also recently issued reports on TRI. FinnCap restated a “buy” rating and issued a GBX 155 ($1.94) target price on shares of Trifast plc in a report on Monday, July 18th. N+1 Singer reiterated a “buy” rating on shares of Trifast plc in a report on Thursday, September 29th.

Trifast plc (LON:TRI) traded up 1.08% during midday trading on Tuesday, hitting GBX 188.00. The stock had a trading volume of 42,800 shares. Trifast plc has a 12-month low of GBX 101.96 and a 12-month high of GBX 192.00. The stock’s market cap is GBX 221.08 million. The company’s 50-day moving average price is GBX 176.32 and its 200 day moving average price is GBX 149.37.

The firm also recently declared a dividend, which will be paid on Thursday, April 13th. Stockholders of record on Thursday, March 16th will be issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date is Thursday, March 16th. This represents a dividend yield of 0.55%.

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