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Peel Hunt announced Polypipe Group Plc (LON:PLP), upholding its stock price target at 350.00GBX today

Boasting a price of 0.00GBX, Polypipe Group Plc (LON:PLP) traded 0.69% higher on the day. The last stock price close is down 4.13% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day average of 275.12GBX and 200-day average of 291.11GBX. 919,447 shares of the stock traded hands, down from ann average volume of 1,133,150

In an issued report on 8/15/2016 Peel Hunt held steady the target price of Polypipe Group Plc (LON:PLP) at 350GBX reporting a possible upsideof 0.00%.

Previously on 7/26/2016, Deutsche Bank reported about Polypipe Group Plc(LON:PLP) lowered the target price from 382.00GBX to 361.00GBX. At the time, this indicated a possible upside of 0.53%.

See Chart Below:

Polypipe Group Plc (LON:PLP)

A total of 5 analysts have issued a ratings update on Polypipe Group Plc. Zero rate the company a strong buy, two analysts rate the stock a buy, two analyts rate the stock a hold, 0 rate the company to underperform, and lastly 0 analystsrate the stock as sell with an average target of 347.40GBX

Polypipe Group Plc has a one-year low of 217.00GBX and a 52 week high of 366.50GBX with a P/E ratio of 14. Polypipe Group Plc’s market cap is currently 0.0 GBX.

Brief Synopsis About 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, and 000 product lines.

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