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Equities researchers at Deutsche Bank hoisted their price target on shares of Polypipe Group PLC (LON:PLP) from GBX 277 ($4.63) to GBX 278 ($4.65) in a research report issued on Tuesday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price objective would indicate a potential upside of 14.88% from the stock’s previous close.

A number of other analysts have also recently weighed in on PLP. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Polypipe Group PLC in a research note on Monday. They now have a GBX 281 ($4.70) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Polypipe Group PLC in a research note on Monday. They now have a GBX 300 ($5.02) price target on the stock.

Polypipe Group PLC (LON:PLP) traded up 0.81% on Tuesday, hitting GBX 243.96. 48,148 shares of the company’s stock traded hands. Polypipe Group PLC has a one year low of GBX 155.05 and a one year high of GBX 273.50. The stock has a 50-day moving average of GBX 246. and a 200-day moving average of GBX 254.8. The company’s market cap is £487.9 million.

The company also recently announced a dividend, which is scheduled for Friday, September 26th. Stockholders of record on Wednesday, August 27th will be paid a dividend of GBX 1.50 ($0.03) per share. This represents a dividend yield of 0.62%. The ex-dividend date is Wednesday, August 27th.

Polypipe Group PLC is engaged in design, develop and manufacture range of plastic piping products in the United Kingdom.

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