Trifast plc (TRI) Rating Reiterated by Peel Hunt

Peel Hunt restated 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) price target on the stock.

Other equities analysts have also recently issued research reports about the company. FinnCap reaffirmed 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 research note on Monday, September 25th.

Shares of Trifast plc (TRI) opened at GBX 222.50 ($2.94) on Tuesday.

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In other news, insider Geoff Budd sold 203,704 shares of the stock in a transaction dated 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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