FinnCap Reiterates Buy Rating for Trifast plc (TRI)

Trifast plc (LON:TRI)‘s stock had its “buy” rating restated by equities researchers at FinnCap in a research note issued to investors on Friday. They currently have a GBX 254 ($3.35) price target on the stock. FinnCap’s price objective would suggest a potential upside of 13.90% from the stock’s previous close.

TRI has been the topic of a number of other research reports. Peel Hunt reissued a “buy” rating and issued a GBX 265 ($3.50) target price on shares of Trifast plc in a research report on Thursday, July 27th. N+1 Singer reissued a “buy” rating on shares of Trifast plc in a research report on Monday, September 25th.

Shares of Trifast plc (LON:TRI) opened at 223.00 on Friday. The company has a 50 day moving average price of GBX 211.15 and a 200 day moving average price of GBX 217.29. The company’s market cap is GBX 268.26 million. Trifast plc has a 52 week low of GBX 171.50 and a 52 week 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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