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Polypipe Group PLC 6.1% Potential Decrease Indicated by Deutsche Bank

Polypipe Group PLC with EPIC/TICKER (LON:PLP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning 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 435 GBX on its stock. This indicates the analyst believes there is a potential downside of -6.1% from today’s opening price of 463.4 GBX. Over the last 30 and 90 trading days the company share price has increased 5.8 points and increased 82.6 points respectively. The 1 year high stock price is 478.2 GBX while the 52 week low is 307 GBX.

Polypipe Group PLC has a 50 day moving average of 436.11 GBX and the 200 Day Moving Average price is recorded at 424.28. There are currently 199,997,358 shares in issue with the average daily volume traded being 390,610. Market capitalisation for LON:PLP is £922,787,797 GBP.