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Polypipe Group PLC 19.5% Potential Upside Indicated by Deutsche Bank

Polypipe Group PLC using EPIC/TICKER code (LON:PLP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Polypipe Group PLC are listed in the Industrials sector within UK Main Market. Deutsche Bank have set their target price at 455 GBX on its stock. This is indicating the analyst believes there is a potential upside of 19.5% from today’s opening price of 380.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 38.1 points and decreased 9.8 points respectively. The 1 year high stock price is 439.5 GBX while the year low stock price is currently 287 GBX.

Polypipe Group PLC has a 50 day moving average of 411.59 GBX and the 200 Day Moving Average price is recorded at 395.72. There are currently 406,399,827 shares in issue with the average daily volume traded being 341,108. Market capitalisation for LON:PLP is £758,335,486 GBP.

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