Polypipe Group PLC (LON:PLP)‘s stock had its “add” rating reiterated by stock analysts at in a report released on Tuesday. They currently have a GBX 450 ($5.92) price objective on the stock. ‘s price objective indicates a potential upside of 19.78% from the stock’s previous close.
PLP has been the topic of a number of other reports. Deutsche Bank AG restated a “buy” rating on shares of Polypipe Group PLC in a report on Monday, July 31st. Numis Securities Ltd restated an “add” rating and issued a GBX 450 ($5.92) target price on shares of Polypipe Group PLC in a report on Tuesday. Jefferies Group LLC restated a “buy” rating and issued a GBX 490 ($6.44) target price on shares of Polypipe Group PLC in a report on Tuesday, September 19th. Berenberg Bank lifted their target price 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, Shore Capital restated a “buy” rating on shares of Polypipe Group PLC in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 462 ($6.08).
Polypipe Group PLC (LON PLP) opened at GBX 375.70 ($4.94) on Tuesday. Polypipe Group PLC has a 1-year low of GBX 253.30 ($3.33) and a 1-year 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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