Peel Hunt Reaffirms Buy Rating for Polypipe Group (PLP)

Peel Hunt reissued their buy rating on shares of Polypipe Group (LON:PLP) in a report issued on Monday. They currently have a GBX 465 ($6.31) price objective on the stock.

A number of other research analysts have also recently issued reports on PLP. Jefferies Group reaffirmed a buy rating and issued a GBX 490 ($6.64) price target on shares of Polypipe Group in a report on Tuesday, September 19th. Deutsche Bank reaffirmed a buy rating on shares of Polypipe Group in a report on Monday, November 6th. Shore Capital reaffirmed a buy rating on shares of Polypipe Group in a report on Tuesday, November 14th. Numis Securities reaffirmed an add rating and issued a GBX 450 ($6.10) price target on shares of Polypipe Group in a report on Tuesday, November 14th. Finally, reaffirmed an add rating and issued a GBX 450 ($6.10) price target on shares of Polypipe Group in a report on Tuesday, November 14th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 458 ($6.21).

Polypipe Group (LON:PLP) opened at GBX 410.60 ($5.57) on Monday. Polypipe Group has a twelve month low of GBX 327.70 ($4.44) and a twelve month high of GBX 439.50 ($5.96). The stock has a market capitalization of $821.03 and a PE ratio of 1,785.22.

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About Polypipe Group

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).

Analyst Recommendations for Polypipe Group (LON:PLP)

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