Trifast (TRI) Receives New Coverage from Analysts at Berenberg Bank

Berenberg Bank started coverage on shares of Trifast (LON:TRI) in a research report report published on Tuesday. The brokerage issued a buy rating and a GBX 275 ($3.70) price objective on the stock.

A number of other research analysts have also recently commented on TRI. Peel Hunt restated a buy rating and set a GBX 265 ($3.57) price target on shares of Trifast in a research note on Tuesday, October 31st. FinnCap restated a buy rating and set a GBX 254 ($3.42) price target on shares of Trifast in a research note on Friday, October 27th. Finally, N+1 Singer restated a buy rating on shares of Trifast in a research note on Monday, September 25th.

Trifast (LON:TRI) opened at GBX 242.50 ($3.26) on Tuesday. Trifast has a 12 month low of GBX 185.25 ($2.49) and a 12 month high of GBX 250 ($3.36).

The company also recently disclosed a dividend, which will be paid on Thursday, April 12th. Stockholders of record on Thursday, March 15th will be issued a dividend of GBX 1.10 ($0.01) per share. This represents a dividend yield of 0.45%. The ex-dividend date is Thursday, March 15th.

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About Trifast

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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