Trifast plc (LON:TRI) had its target price raised by FinnCap from GBX 225 ($2.83) to GBX 240 ($3.02) in a report issued on Thursday morning. The brokerage currently has a buy rating on the stock.

Separately, Peel Hunt reiterated a buy rating on shares of Trifast plc in a research report on Thursday, February 16th.

Shares of Trifast plc (LON:TRI) traded up 1.36% during trading on Thursday, hitting GBX 223.00. 74,255 shares of the stock were exchanged. The stock’s market cap is GBX 262.23 million. Trifast plc has a 52-week low of GBX 118.76 and a 52-week high of GBX 228.94. The firm has a 50 day moving average of GBX 212.56 and a 200-day moving average of GBX 197.83.

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In other Trifast plc news, insider Malcolm Diamond sold 500,000 shares of the business’s stock in a transaction on Friday, February 17th. The shares were sold at an average price of GBX 211 ($2.66), for a total transaction of £1,055,000 ($1,327,879.17).

About Trifast plc

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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