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Polypipe Group PLC 11.5% Potential Upside Indicated by Berenberg

Polypipe Group PLC with EPIC/TICKER (LON:PLP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Polypipe Group PLC are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 610 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 11.5% from today’s opening price of 547 GBX. Over the last 30 and 90 trading days the company share price has increased 3 points and increased 85.8 points respectively. The 52 week high for the stock is 554.5 GBX while the 52 week low for the share price is 365 GBX.

Polypipe Group PLC has a 50 day moving average of 519.75 GBX and a 200 Day Moving Average share price is recorded at 449.51. There are currently 200,997,358 shares in issue with the average daily volume traded being 377,254. Market capitalisation for LON:PLP is £1,100,957,998 GBP.