Zotefoams plc 12.9% potential upside indicated by Peel Hunt LLP

Zotefoams plc with ticker (LON:ZTF) now has a potential upside of 12.9% according to Peel Hunt LLP.



Peel Hunt LLP set a target price of 480 GBX for the company, which when compared to the Zotefoams plc share price of 418 GBX at opening today (08/11/2021) indicates a potential upside of 12.9%. Trading has ranged between 351 (52 week low) and 499 (52 week high) with an average of 27,874 shares exchanging hands daily. The market capitalisation at the time of writing is £203,197,892.

Zotefoams plc is a United Kingdom-based cellular material technology company. The Company is engaged in the manufacture and sale of cross-linked block foams. The Company’s segments include Polyolefins, High-Performance Products (HPP) and MuCell Extrusion LLC (MEL). Polyolefins foams are made from olefinic homopolymer and copolymer resin. HPP foams include ZOTEK F foams and T-Tubes insulation, made from polyvinylidene fluoride (PVDF) fluoropolymer. Other products include foams made from polyamide (nylon) and PEBA. MEL licenses microcellular foam technology and sells related machinery. The Company offers a range of categories of products, such as AZOTE, including PLASTAZOTE, EVAZOTE and SUPAZOTE; ZOTEK, including ZOTEK F, ZOTEK N and ZOTEK PEBA, and T-FIT. Its products are used in a range of markets, including sports and leisure, packaging, transport, medical, Industrial, building and medical other construction, and other.