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Polypipe Group PLC 27.1% 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’ this morning by analysts at Berenberg. Polypipe Group PLC are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 480 GBX on its stock. This is indicating the analyst believes there is a potential upside of 27.1% from the opening price of 377.6 GBX. Over the last 30 and 90 trading days the company share price has increased 50.2 points and increased 17.6 points respectively. The 1 year high for the stock price is 428.6 GBX while the 52 week low is 304.61 GBX.

Polypipe Group PLC has a 50 day moving average of 352.90 GBX and the 200 Day Moving Average price is recorded at 372.13. There are currently 199,778,651 shares in issue with the average daily volume traded being 314,597. Market capitalisation for LON:PLP is £773,143,379 GBP.