Polypipe Group PLC (LON:PLP)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank AG in a report released on Monday.
Several other equities research analysts also recently issued reports on PLP. Peel Hunt reiterated an “add” rating and issued a GBX 465 ($6.14) target price on shares of Polypipe Group PLC in a research note on Tuesday, August 8th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 450 ($5.94) target price on shares of Polypipe Group PLC in a research note on Tuesday, August 8th. Berenberg Bank raised their target price on shares of Polypipe Group PLC from GBX 360 ($4.75) to GBX 470 ($6.20) and gave the company a “buy” rating in a research note on Friday, September 1st. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a GBX 490 ($6.47) target price on shares of Polypipe Group PLC in a research note on Tuesday, September 19th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of GBX 464.40 ($6.13).
Shares of Polypipe Group PLC (PLP) opened at GBX 415.91 ($5.49) on Monday. Polypipe Group PLC has a one year low of GBX 249.50 ($3.29) and a one year high of GBX 439.50 ($5.80).
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About Polypipe Group PLC
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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