Topps Tiles Plc 32.7% potential upside indicated by Peel Hunt Limited

Topps Tiles Plc with ticker (LON:TPT) now has a potential upside of 32.7% according to Peel Hunt Limited.



Peel Hunt Limited set a target price of 70 GBX for the company, which when compared to the Topps Tiles Plc share price of 53 GBX at opening today (31/05/2023) indicates a potential upside of 32.7%. Trading has ranged between 37 (52 week low) and 55 (52 week high) with an average of 139,319 shares exchanging hands daily. The market capitalisation at the time of writing is £104,063,063.

Topps Tiles Plc is a tile specialist. The principal activity of the Company is the sale and distribution of ceramic and porcelain tiles, natural stone, and related products. Its products and services include bathroom tiles, kitchen tiles, outdoor tiles, floor tiles, wall tiles, natural stone, mosaic tiles, adhesive and finishing, and style and advice. The Company offers specialist product expertise and customer service to trade and homeowner customers through a Website and a nationwide store network. It offers an extensive range, with approximately 2,000 tiles available to order and a range of consumable products, including own-brand products. Its Parkside brand is a tile specialist, aimed at architects, designers and contractors in the commercial market. Pro Tiler Tools is its online specialist supplier of tiling-related consumables and equipment to trade customers. Tile Warehouse is its online only brand, which offers homeowners everyday low pricing on a range of products.