Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Topps Tiles ( (GB:TPT) ) has provided an update.
Topps Tiles has disclosed that chief executive Robert Parker has exercised nil-cost options over 198,224 ordinary shares under the company’s 2013 Long Term Incentive Plan, a transaction made outside a trading venue in line with UK Market Abuse Regulation disclosure rules. Following this and other share plan activity, the company confirmed its issued share capital stands at 196,681,818 ordinary shares with one voting right each, and that its employee benefit trust now holds 573,963 shares—waiving voting and dividend rights—which provides clarity for investors calculating disclosure thresholds under FCA transparency requirements.
The most recent analyst rating on (GB:TPT) stock is a Buy with a £51.00 price target. To see the full list of analyst forecasts on Topps Tiles stock, see the GB:TPT Stock Forecast page.
Spark’s Take on GB:TPT Stock
According to Spark, TipRanks’ AI Analyst, GB:TPT is a Outperform.
Topps Tiles is on a positive growth trajectory, driven by strong financial performance and technical indicators. The company’s strategic initiatives, such as digital expansion and acquisitions, are promising, despite challenges in managing high leverage and operational costs. The stock’s valuation and dividend yield add to its attractiveness.
To see Spark’s full report on GB:TPT stock, click here.
More about Topps Tiles
Topps Tiles Plc is the UK’s largest specialist supplier of tiles and associated products, serving domestic, commercial and housebuilder markets. It targets homeowners, trade customers, contractors, architects and designers through 297 nationwide stores, a London commercial showroom, the CTD store estate and nine customer-facing websites, maintaining a long-standing focus on broad product choice and high levels of customer service since its first store opened in 1963.
Average Trading Volume: 631,671
Technical Sentiment Signal: Strong Buy
Current Market Cap: £94.37M
Find detailed analytics on TPT stock on TipRanks’ Stock Analysis page.