Polypipe Group PLC 14% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Polypipe Group PLC with EPIC/TICKER (LON:PLP) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning 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 550 GBX on its stock. This would imply the analyst believes there is now a potential upside of 14.0% from the opening price of 482.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 117.9 points and decreased 60.4 points respectively. The 52 week high for the share price is currently at 620 GBX while the 52 week low for the stock is 365 GBX.

Polypipe Group PLC has a 50 day moving average of 554.32 GBX and the 200 Day Moving Average price is recorded at 474.13. There are currently 1,216,969,313 shares in issue with the average daily volume traded being 537,144. Market capitalisation for LON:PLP is £904,488,111 GBP.

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