Rating Worth Mentioning: Research Analysts at Liberum Capital Reiterated their “Buy” rating for Topps Tiles PLC (LON:TPT). The Target is GBX 130.00

November 29, 2016 - By Peter Kolinski

Topps Tiles PLC (LON:TPT) Rating

Liberum Capital have a GBX 130.00 price target on the stock. The price target indicates a potential upside of 49.20% from Topps Tiles PLC (LON:TPT)‘s last close price. This rating was disclosed in a research report on Tuesday, 29 November.

Topps Tiles Plc (LON:TPT) Ratings Coverage

Out of 4 analysts covering Topps Tiles PLC (LON:TPT), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. GBX 190 is the highest target while GBX 115 is the lowest. The GBX 130 average target is 43.74% above today’s (GBX 90.44) stock price. Topps Tiles PLC has been the topic of 48 analyst reports since August 21, 2015 according to StockzIntelligence Inc. On Monday, September 21 the stock rating was maintained by Liberum Capital with “Buy”. The company was maintained on Tuesday, November 17 by Liberum Capital. Peel Hunt maintained Topps Tiles Plc (LON:TPT) rating on Wednesday, January 6. Peel Hunt has “Buy” rating and GBX 190 price target. Peel Hunt maintained the stock with “Buy” rating in Wednesday, April 6 report. The company was maintained on Wednesday, February 17 by Liberum Capital. The firm earned “Buy” rating on Friday, January 15 by Liberum Capital. Peel Hunt maintained Topps Tiles Plc (LON:TPT) on Wednesday, October 5 with “Buy” rating. The company was maintained on Wednesday, October 5 by Cantor Fitzgerald. The rating was maintained by Liberum Capital on Tuesday, October 27 with “Buy”. Berenberg downgraded the stock to “Hold” rating in Friday, August 21 report.

About 139,987 shares traded hands. Topps Tiles Plc (LON:TPT) has declined 36.95% since April 29, 2016 and is downtrending. It has underperformed by 42.21% the S&P500.

Topps Tiles PLC is a United Kingdom retailer of tiles. The company has a market cap of 173.76 million GBP. The Company’s business focuses on wood flooring, and supplies tiles and associated accessories for refurbishment of domestic housing. It has a 12.53 P/E ratio. The Company’s principal activity includes the retail distribution of ceramic and porcelain tiles, natural stone, wood flooring and related products.

TPT Company Profile

Teck Resources Limited, incorporated on January 1, 2008, is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company’s activities are organized into business units focused on copper, coal, zinc and energy. The Firm operates through five divisions: steelmaking coal, copper, zinc, energy and corporate. Through its interests in mining and processing activities in Canada, the United States, Chile and Peru, the Company exports seaborne steelmaking coal and produces mined zinc. The Firm also produces lead, molybdenum, silver, and various specialty and other metals, chemicals and fertilizers. In addition, the Company owns interest in the Fort Hills oil sands project and interests in other assets in the Athabasca region of Alberta. The Firm also explores for copper, zinc and gold. The Firm drilled various porphyry copper projects in Canada, Chile and Peru. The corporate segment includes all of the Company’s initiatives in other commodities, its corporate growth activities and groups that provide administrative, technical, financial and other support to all of the Company’s business units.

More news for Topps Tiles Plc (LON:TPT) were recently published by: Uk.Finance.Yahoo.com, which released: “Topps Tiles plc (TPT.L)” on March 29, 2014. Fool.Co.Uk‘s article titled: “Should you buy Topps Tiles plc, EKF Diagnostics Holding plc and Low & Bonar …” and published on July 06, 2016 is yet another important article.

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