Polypipe Group PLC (LON:PLP)‘s stock had its “add” rating restated by research analysts at Numis Securities Ltd in a research report issued on Tuesday. They presently have a GBX 450 ($5.92) price target on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 14.07% from the company’s previous close.
A number of other equities analysts have also recently weighed in on PLP. Shore Capital reaffirmed a “buy” rating on shares of Polypipe Group PLC in a report on Tuesday. Peel Hunt reaffirmed an “add” rating and issued a GBX 465 ($6.12) price target on shares of Polypipe Group PLC in a report on Tuesday. Deutsche Bank AG reaffirmed a “buy” rating on shares of Polypipe Group PLC in a report on Monday, August 14th. Berenberg Bank upped their price target on Polypipe Group PLC from GBX 360 ($4.73) to GBX 470 ($6.18) and gave the stock a “buy” rating in a report on Friday, September 1st. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 490 ($6.44) price target on shares of Polypipe Group PLC in a report on Tuesday, September 19th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 464.40 ($6.11).
Polypipe Group PLC (LON:PLP) opened at GBX 394.50 ($5.19) on Tuesday. Polypipe Group PLC has a fifty-two week low of GBX 253.30 ($3.33) and a fifty-two week high of GBX 439.50 ($5.78).
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Polypipe Group PLC Company Profile
Polypipe Group plc is a United Kingdom-based manufacturer of plastic piping systems for the residential, commercial, civil and infrastructure sectors. The Company’s segments include Residential Piping Systems, Commercial and Infrastructure Piping Systems (UK), and Commercial and Infrastructure (Mainland Europe).
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