Tristel - Analyst interview, finnCap
FCAP Thu, 20 Oct 2016, 08:42am BST
Industry: Financial Services
finnCap provide their view on Tristel after the release of their full-year results which were ahead of July’s trading update, boosted by a yearend Fx benefit and stronger than expected gross margins. finnCap have raised our target price to 150p. Based on their forecasts, this places Tristel on a 2018 EV/Sales, EV/EBITDA and P/E of 2.7x, 11.8x and 21.3x respectively.