Polypipe Group PLC Given “Hold” Rating at Deutsche Bank (PLP)
Polypipe Group PLC (LON:PLP)‘s stock had its “hold” rating reiterated by stock analysts at Deutsche Bank in a report issued on Wednesday. They currently have a GBX 277 ($4.75) price objective on the stock. Deutsche Bank’s price target would suggest a potential upside of 10.80% from the company’s current price.
Polypipe Group PLC (LON:PLP) traded down 0.79% on Wednesday, hitting GBX 250.00. The stock had a trading volume of 67,844 shares. Polypipe Group PLC has a 52 week low of GBX 155.05 and a 52 week high of GBX 273.50. The stock has a 50-day moving average of GBX 257.5 and a 200-day moving average of GBX 259.1. 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 ($5.15) price target on the stock.
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