Trifast (LON:TRI) Given “Buy” Rating at Shore Capital
Trifast (LON:TRI)‘s stock had its “buy” rating reiterated by Shore Capital in a research report issued to clients and investors on Monday, ThisIsMoney.Co.Uk reports.
Other equities analysts also recently issued research reports about the stock. Peel Hunt lowered their price target on shares of Trifast from GBX 300 ($3.92) to GBX 270 ($3.53) and set a “buy” rating on the stock in a report on Monday. Berenberg Bank lifted their price target on shares of Trifast from GBX 200 ($2.61) to GBX 235 ($3.07) and gave the company a “hold” rating in a report on Thursday, July 4th.
Shares of LON:TRI opened at GBX 158 ($2.06) on Monday. The company has a debt-to-equity ratio of 32.50, a current ratio of 1.90 and a quick ratio of 1.10. Trifast has a 1-year low of GBX 163 ($2.13) and a 1-year high of GBX 242 ($3.16). The company has a market capitalization of $235.29 million and a P/E ratio of 15.96. The firm’s 50 day simple moving average is GBX 197.13 and its two-hundred day simple moving average is GBX 214.22.
Trifast Company Profile
Trifast plc, together with its subsidiaries, designs, manufactures, and distributes mechanical fasteners and category C components to distributors and original equipment manufacturer assemblers. It offers screws and bolts, nuts, washers, circlips, seals, rings, spacers, pillars, security fasteners, pins and keys, tooling and driver bits, and fasteners for sheet metal and plastic, as well as enclosure, plastic, and other hardware products.
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