A statement released earlier today by Berenberg about Polypipe Group Plc (LON:PLP) holds the target price at 360.00GBX
- Updated: February 12, 2017
Polypipe Group Plc (LON:PLP) had its stock price target hold steady to 360.00GBX by Berenberg in an issued report announced 2/9/2017. The latest target suggests a possible upside of 0.04% based on the company's most recent close.
Previously on 01/04/2017, Deutsche Bank released a statement about Polypipe Group Plc (LON:PLP) upped the target price from 381.00GBX to 409.00GBX that indicated a possible upside of 0%.
Only yesterday Polypipe Group Plc (LON:PLP) traded 0.78% higher at 346.25GBX. The company’s 50-day moving average is 334.22GBX and its 200-day moving average is 292.53GBX. With the last close up 19.64% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the date range. Trade Volume was down over the average, with 211,415 shares of PLP changing hands under the typical 428,478
See Chart Below
With a market capitalization of 0 GBX, Polypipe Group Plc has PE ratio of 17.50 with a one year low of 217.00GBX and a one year high of 358.90GBX .
A total of 5 brokerages have issued a ratings update on Polypipe Group Plc. zero firms rating the stock a strong buy, 2 firms rating the stock a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 347.40GBX.
General Company Details For Polypipe Group Plc (LON:PLP)
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). The Company conceives, designs and manufactures a range of systems to manage water and enable carbon-efficient heating and ventilation for all sectors of the construction industry. Its solutions include surface water management and treatment, flood defense, rainwater harvesting to the recycling of water for re-use in flushing toilets. It focuses on the United Kingdom, French and Irish building and construction markets with a presence in Italy and the Middle East, and sales to specific niches in the rest of the world. The Company operates from approximately 20 facilities in total, and with over 20,000 product lines.
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