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Polypipe Group PLC 11.9% Potential Upside Indicated by Deutsche Bank

Polypipe Group PLC using EPIC/TICKER code (LON:PLP) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Polypipe Group PLC are listed in the Industrials sector within UK Main Market. Deutsche Bank have set a target price of 445 GBX on its stock. This indicates the analyst now believes there is a potential upside of 11.9% from today’s opening price of 397.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 24.4 points and decreased 21.8 points respectively. The 1 year high share price is 459.6 GBX while the 52 week low for the stock is 304.61 GBX.

Polypipe Group PLC has a 50 day moving average of 430.59 GBX and a 200 day moving average of 404.55. There are currently 199,996,299 shares in issue with the average daily volume traded being 333,077. Market capitalisation for LON:PLP is £779,585,549 GBP.

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