Stock Rating Runner: Topps Tiles PLC (LON:TPT) Buy Rating Maintained by Analysts at Cantor Fitzgerald; With GBX 115.00 Target

November 29, 2016 - By Richard Conner

Topps Tiles PLC (LON:TPT) Rating

They currently have a GBX 115.00 TP on Topps Tiles PLC (LON:TPT). Cantor Fitzgerald’s target would suggest a potential upside of 31.99% from the company’s last stock price. This was shown in a report on Tuesday morning.

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 42.31% above today’s (GBX 91.35) stock price. Topps Tiles PLC has been the topic of 48 analyst reports since August 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Liberum Capital on Monday, September 28 with “Buy”. The rating was maintained by Cantor Fitzgerald with “Buy” on Wednesday, July 6. The stock of Topps Tiles Plc (LON:TPT) has “Buy” rating given on Friday, January 15 by Liberum Capital. Peel Hunt maintained it with “Buy” rating and GBX 150 target price in Wednesday, July 6 report. Peel Hunt maintained Topps Tiles Plc (LON:TPT) on Wednesday, April 13 with “Buy” rating. Liberum Capital maintained Topps Tiles Plc (LON:TPT) rating on Monday, October 12. Liberum Capital has “Buy” rating and GBX 160 price target. The stock of Topps Tiles Plc (LON:TPT) earned “Buy” rating by Liberum Capital on Wednesday, February 3. Peel Hunt maintained the shares of TPT in a report on Tuesday, May 24 with “Buy” rating. The rating was maintained by Liberum Capital with “Buy” on Wednesday, September 30. On Wednesday, October 5 the stock rating was maintained by Cantor Fitzgerald with “Buy”.

About 186,879 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 175.52 million GBP. The Company’s business focuses on wood flooring, and supplies tiles and associated accessories for refurbishment of domestic housing. It has a 12.65 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 recent Topps Tiles Plc (LON:TPT) news were published by: Fool.Co.Uk which released: “Why Topps Tiles plc could be a contrarian bargain” on November 29, 2016. Also Uk.Finance.Yahoo.com published the news titled: “Topps Tiles plc (TPT.L)” on March 29, 2014. Fool.Co.Uk‘s news article titled: “Should you buy Topps Tiles plc, EKF Diagnostics Holding plc and Low & Bonar …” with publication date: July 06, 2016 was also an interesting one.

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