Polypipe Group PLC (LON:PLP)‘s stock had its “buy” rating reiterated by Shore Capital in a research report issued on Tuesday.
A number of other equities analysts have also weighed in on PLP. Deutsche Bank AG reiterated a “buy” rating on shares of Polypipe Group PLC in a report on Monday, August 14th. Peel Hunt reiterated an “add” rating and issued a GBX 465 ($6.12) price target on shares of Polypipe Group PLC in a report on Tuesday, August 8th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 450 ($5.92) price target on shares of Polypipe Group PLC in a report on Tuesday, August 8th. Berenberg Bank lifted their price target on shares of Polypipe Group PLC from GBX 360 ($4.73) to GBX 470 ($6.18) and gave the company a “buy” rating in a report on Friday, September 1st. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a GBX 490 ($6.44) price target on shares of Polypipe Group PLC in a report on Tuesday, September 19th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 464.40 ($6.11).
Polypipe Group PLC (PLP) opened at GBX 391.33 ($5.15) on Tuesday. Polypipe Group PLC has a 1-year low of GBX 253.30 ($3.33) and a 1-year high of GBX 439.50 ($5.78).
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About Polypipe Group PLC
Polypipe Group plc is a United Kingdom-based manufacturer of plastic piping systems for the residential, commercial, civil and infrastructure sectors. The Company’s segments include Residential Piping Systems, Commercial and Infrastructure Piping Systems (UK), and Commercial and Infrastructure (Mainland Europe).
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