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British Polythene Industries (LON:BPI) was upgraded by Investec to a “buy” rating in a research note issued on Thursday, reports. The firm currently has a GBX 720 ($12.15) price objective on the stock. Investec’s target price suggests a potential upside of 12.68% from the company’s current price.

British Polythene Industries (LON:BPI) opened at 632.00 on Thursday. British Polythene Industries has a 1-year low of GBX 505.00 and a 1-year high of GBX 740.00. The stock’s 50-day moving average is GBX 632.1 and its 200-day moving average is GBX 659.5. The company’s market cap is £161.1 million.

Separately, analysts at Edison Group reiterated a “positive” rating on shares of British Polythene Industries in a research note on Thursday, April 10th.

British Polythene Industries PLC is a producer of polythene film in Europe. The Company is a global supplier of agricultural films, packaging for food and other goods, and recycler of polythene film.

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