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Polypore International (NYSE:PPO) was downgraded by research analysts at Ardour Capital from an “accumulate” rating to a “hold” rating in a report released on Thursday. They currently have a $43.00 target price on the stock. Ardour Capital’s target price points to a potential upside of 0.96% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Ascendiant Capital Markets downgraded shares of Polypore International from a “buy” rating to a “hold” rating in a research note on Wednesday. Separately, analysts at Wedbush downgraded shares of Polypore International from an “outperform” rating to a “neutral” rating in a research note on Thursday, June 19th. They now have a $38.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at DA Davidson reiterated a “buy” rating on shares of Polypore International in a research note on Monday, June 16th. They now have a $55.00 price target on the stock, up previously from $51.00. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $42.90.

Polypore International (NYSE:PPO) traded down 3.24% on Thursday, hitting $41.21. 228,954 shares of the company’s stock traded hands. Polypore International has a 1-year low of $29.39 and a 1-year high of $48.72. The stock has a 50-day moving average of $45.72 and a 200-day moving average of $39.33. The company has a market cap of $1.850 billion and a price-to-earnings ratio of 24.19.

Polypore International (NYSE:PPO) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.03. The company had revenue of $166.60 million for the quarter, compared to the consensus estimate of $169.10 million. During the same quarter in the previous year, the company posted $0.34 earnings per share. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. Analysts expect that Polypore International will post $1.52 EPS for the current fiscal year.

Polypore International, Inc is a global high-technology filtration company that develops, manufactures and markets specialized microporous membranes used in separation and filtration processes.

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