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Polypipe Group PLC 19.8% Potential Upside Indicated by Berenberg

Polypipe Group PLC using EPIC/TICKER code (LON:PLP) has 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 490 GBX on its stock. This is indicating the analyst believes there is a potential upside of 19.8% from today’s opening price of 409 GBX. Over the last 30 and 90 trading days the company share price has increased 25.6 points and increased 6.8 points respectively. The 52 week high share price is 439.5 GBX while the year low share price is currently 339.9 GBX.

Polypipe Group PLC has a 50 day moving average of 388.56 GBX and a 200 day moving average of 398.36. There are currently 199,747,467 shares in issue with the average daily volume traded being 529,411. Market capitalisation for LON:PLP is £822,959,564 GBP.