Peel Hunt reaffirmed their buy rating on shares of Topps Tiles (LON:TPT) in a report released on Friday. Peel Hunt currently has a GBX 100 ($1.34) target price on the stock.

A number of other equities analysts also recently commented on TPT. Liberum Capital reduced their price objective on Topps Tiles from GBX 105 ($1.40) to GBX 100 ($1.34) and set a buy rating on the stock in a research report on Wednesday, October 4th. Canaccord Genuity upgraded Topps Tiles to a buy rating and lifted their price objective for the stock from GBX 78 ($1.04) to GBX 81 ($1.08) in a research report on Wednesday, November 29th.

Topps Tiles (TPT) opened at GBX 80 ($1.07) on Friday. Topps Tiles has a 1 year low of GBX 60 ($0.80) and a 1 year high of GBX 107 ($1.43). The company has a market capitalization of $154.23 and a P/E ratio of 1,142.86.

The firm also recently announced a dividend, which will be paid on Friday, February 2nd. Shareholders of record on Thursday, December 21st will be paid a dividend of GBX 2.30 ($0.03) per share. This is a boost from Topps Tiles’s previous dividend of $1.10. The ex-dividend date of this dividend is Thursday, December 21st. This represents a yield of 3.06%.

In other Topps Tiles news, insider Matthew Williams bought 300,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was bought at an average price of GBX 64 ($0.86) per share, with a total value of £192,000 ($256,718.81).

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Topps Tiles Company Profile

Topps Tiles Plc is a United Kingdom-based retailer of tiles. The Company is engaged in the retail distribution of ceramic and porcelain tiles, natural stone, and related products. It operates in the Topps Tiles stores and online business segment. It supplies tiles and associated products to both trade and retail customer base, primarily for the refurbishment of the United Kingdom domestic housing.

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