Berenberg Bank Begins Coverage on Trifast (TRI)
Analysts at Berenberg Bank began coverage on shares of Trifast (LON:TRI) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating and a GBX 275 ($3.70) price target on the stock. Berenberg Bank’s price objective suggests a potential upside of 13.99% from the company’s previous close.
A number of other analysts also recently commented on TRI. Peel Hunt reiterated a “buy” rating and set a GBX 265 ($3.57) target price on shares of Trifast in a research report on Monday, September 25th. N+1 Singer reiterated a “buy” rating on shares of Trifast in a research report on Monday, September 25th. Finally, FinnCap reiterated a “buy” rating and set a GBX 254 ($3.42) target price on shares of Trifast in a research report on Monday, September 25th.
Shares of Trifast (LON:TRI) opened at GBX 241.25 ($3.25) on Tuesday. Trifast has a 12-month low of GBX 185.25 ($2.49) and a 12-month high of GBX 250 ($3.36).
Trifast 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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