Polypipe Group PLC Given Hold Rating at Deutsche Bank (PLP)
Polypipe Group PLC (LON:PLP)‘s stock had its “hold” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Monday. They currently have a GBX 277 ($4.72) target price on the stock. Deutsche Bank’s price target would indicate a potential upside of 10.80% from the company’s current price.
Polypipe Group PLC (LON:PLP) remained flat at GBX 250.00 during trading on Monday. 431,391 shares of the company’s stock traded hands. Polypipe Group PLC has a 52-week low of GBX 155.05 and a 52-week high of GBX 273.50. The stock’s 50-day moving average is GBX 258.6 and its 200-day moving average is GBX 260.0. The company’s market cap is £500.0 million.
Separately, analysts at Numis Securities Ltd initiated coverage on shares of Polypipe Group PLC in a research note on Thursday, May 22nd. They set a “buy” rating and a GBX 300 ($5.11) price target on the stock.
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