Topps Tiles Plc (LON:TPT) shares hit a new 52-week low on Thursday . The company traded as low as GBX 64.75 ($0.85) and last traded at GBX 65.50 ($0.86), with a volume of 722323 shares. The stock had previously closed at GBX 65.50 ($0.86).

A number of brokerages recently weighed in on TPT. Liberum Capital dropped their price objective on Topps Tiles Plc from GBX 105 ($1.38) to GBX 100 ($1.32) and set a “buy” rating on the stock in a report on Wednesday, October 4th. Peel Hunt lowered their target price on Topps Tiles Plc from GBX 125 ($1.64) to GBX 100 ($1.32) and set a “buy” rating on the stock in a report on Wednesday, October 4th. Finally, Berenberg Bank lowered their target price on Topps Tiles Plc from GBX 90 ($1.18) to GBX 80 ($1.05) and set a “hold” rating on the stock in a report on Tuesday, August 1st.

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About Topps Tiles Plc

Topps Tiles Plc is a United Kingdom-based retailer of tiles. The Company is engaged in the retail distribution of ceramic and porcelain tiles, natural stone, and related products. It operates in the Topps Tiles stores and online business segment. It supplies tiles and associated products to both trade and retail customer base, primarily for the refurbishment of the United Kingdom domestic housing.

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