Topps Tiles Plc 30% Potential Upside Indicated by Liberum Capital

Joanna Estrada
July 6, 2017

Canaccord Genuity downgraded shares of Topps Tiles Plc to a "hold" rating and decreased their price objective for the stock from GBX 99 ($1.28) to GBX 93 ($1.20) in a research report on Wednesday, May 24th.

Tile specialist Topps Tiles posted a drop in third-quarter sales amid weaker macroeconomic conditions. GBX 104's average target is 27.22% above currents GBX 81.75 stock price. Liberum Capital's TP suggests a potential upside of 28.44% from the company's close price. The 52 week high share price is 124 GBX while the year low stock price is now 79.5 GBX.

Topps Tiles Plc has a 50 day moving average of 94.19 GBX and a 200 Day Moving Average share price is recorded at 91.82. There are now 1,385,301,666 shares in issue with the average daily volume traded being 669,944. The company has market cap of 158.24 million GBP. On Monday, January 11 the stock rating was maintained by Liberum Capital with "Buy". The stock of Topps Tiles Plc (LON:TPT) earned "Buy" rating by Liberum Capital on Tuesday, May 23. The original version of this news story can be read at The firm earned "Neutral" rating on Wednesday, December 9 by JP Morgan. The stock of Topps Tiles Plc (LON:TPT) has "Hold" rating given on Friday, August 21 by Berenberg. Cantor Fitzgerald maintained the stock with "Buy" rating in Tuesday, November 29 report. It has outperformed by 22.86% the S&P500. Out of 2 Wall Street analysts rating Helen of Troy, 1 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". They expect $0.19 earnings per share, down 13.64% or $0.03 from last year's $0.22 per share. IRDM's profit will be $18.44M for 14.24 P/E if the $0.19 EPS becomes a reality. Reaves W H & Co Inc owns 1.55 million shares or 5.74% of their U.S. portfolio. The stock of Topps Tiles Plc (LON:TPT) has "Buy" rating given on Tuesday, May 23 by Peel Hunt. Topps Tiles Plc (LON:TPT) has 0.00% since July 5, 2016 and is. Moreover, Quantbot Lp has 0.01% invested in Anadarko Petroleum Corporation (NYSE:APC) for 1,547 shares. The Florida-based Huff W R Asset Management Co Llc De has invested 1.63% in the stock. Duff & Phelps Investment Management Co, a Illinois-based fund reported 1.08 million shares.

Equities researchers at Peel Hunt have GBX 125.00 PT on Topps Tiles PLC (LON:TPT). Sidoti upgraded the shares of HELE in report on Friday, August 19 to "Buy" rating.

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