Topps Tiles Plc (TPT) Receives Consensus Rating of “Buy” from Brokerages
Topps Tiles Plc (LON:TPT) has earned an average recommendation of “Buy” from the five ratings firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 80.75 ($1.05).
Several brokerages recently weighed in on TPT. Peel Hunt began coverage on Topps Tiles in a research report on Wednesday, July 4th. They set a “buy” rating and a GBX 100 ($1.30) price objective for the company. Liberum Capital restated a “buy” rating on shares of Topps Tiles in a research report on Friday, June 15th. Finally, Berenberg Bank dropped their price objective on Topps Tiles from GBX 70 ($0.91) to GBX 65 ($0.85) and set a “hold” rating for the company in a research report on Thursday, July 5th.
LON:TPT opened at GBX 62 ($0.81) on Monday. Topps Tiles has a fifty-two week low of GBX 60 ($0.78) and a fifty-two week high of GBX 107 ($1.39).
Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for homeowners and tile fitters in the United Kingdom. The company offers bathroom, kitchen, floor, wall, and mosaic tiles. It also provides adhesives and grouts; and tools and essentials, such as trims, underfloor heating products, cutters, tools and accessories, cleaning and maintenance products, underfloor heating products, and wet room products.
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