Canaccord Genuity Group Reiterates “Hold” Rating for Topps Tiles (LON:TPT)

Topps Tiles (LON:TPT)‘s stock had its “hold” rating reiterated by stock analysts at Canaccord Genuity Group in a report released on Wednesday,Digital Look reports. They currently have a GBX 42 ($0.53) price objective on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 5.61% from the stock’s current price.

Topps Tiles Trading Down 0.3 %

Topps Tiles stock opened at GBX 39.77 ($0.50) on Wednesday. The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 452.83. Topps Tiles has a 12 month low of GBX 38 ($0.48) and a 12 month high of GBX 56.65 ($0.72). The stock’s 50 day simple moving average is GBX 42.24 and its two-hundred day simple moving average is GBX 43.26. The firm has a market cap of £78.21 million, a PE ratio of 2,195.00 and a beta of 1.45.

About Topps Tiles

Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for residential and commercial markets in the United Kingdom. The company engages in the property management and investment activities; retail and wholesale of wood flooring products; provision of warehousing services; and sale and distribution of architectural ceramic.