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Trifast 37.9% Potential Upside Indicated by Shore Capital

Trifast with EPIC/TICKER (LON:TRI) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Shore Capital. Trifast are listed in the Industrials sector within UK Main Market. Shore Capital have set their target price at 220 GBX on its stock. This now indicates the analyst believes there is a possible upside of 37.9% from today’s opening price of 159.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 35.5 points and decreased 30.5 points respectively. The 1 year high share price is 242 GBX while the year low stock price is currently 149 GBX.

Trifast has a 50 day moving average of 199.98 GBX and a 200 Day Moving Average share price is recorded at 207.94. There are currently 122,074,529 shares in issue with the average daily volume traded being 61,208. Market capitalisation for LON:TRI is £194,098,501 GBP.