Trifast plc (TRI) Receives “Buy” Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Trifast plc (LON:TRI) in a research note issued to investors on Tuesday. The firm currently has a GBX 265 ($3.50) target price on the stock.

Other research analysts have also issued research reports about the company. FinnCap reissued a buy rating and issued a GBX 254 ($3.35) target price on shares of Trifast plc in a report on Monday, September 25th. N+1 Singer reissued a buy rating on shares of Trifast plc in a report on Monday, September 25th.

Shares of Trifast plc (TRI) opened at 223.00 on Tuesday. The stock’s market cap is GBX 268.26 million. The company has a 50-day moving average price of GBX 211.86 and a 200-day moving average price of GBX 217.47. Trifast plc has a 12 month low of GBX 171.50 and a 12 month high of GBX 228.94.

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In related news, insider Geoff Budd sold 203,704 shares of Trifast plc stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of GBX 220 ($2.90), for a total value of £448,148.80 ($591,381.37).

Trifast plc Company Profile

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.

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