Polypipe Group (PLP) Earns Buy Rating from Deutsche Bank

Deutsche Bank reaffirmed their buy rating on shares of Polypipe Group (LON:PLP) in a research report released on Monday. Deutsche Bank currently has a GBX 455 ($6.39) price objective on the stock.

A number of other research firms also recently issued reports on PLP. Peel Hunt reiterated a buy rating and set a GBX 465 ($6.53) price objective on shares of Polypipe Group in a report on Monday, January 8th. Numis Securities reissued an add rating and set a GBX 450 ($6.32) price target on shares of Polypipe Group in a research report on Tuesday, November 14th. Shore Capital reissued a buy rating on shares of Polypipe Group in a research report on Tuesday, November 14th. Barclays assumed coverage on Polypipe Group in a research report on Monday, November 27th. They set an overweight rating and a GBX 426 ($5.98) price target for the company. Finally, reissued an add rating and set a GBX 450 ($6.32) price target on shares of Polypipe Group in a research report on Tuesday, November 14th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. Polypipe Group has an average rating of Buy and a consensus target price of GBX 458 ($6.43).

Polypipe Group (LON:PLP) opened at GBX 394.52 ($5.54) on Monday. The stock has a market capitalization of $789.95 and a PE ratio of 1,715.30. Polypipe Group has a fifty-two week low of GBX 327.70 ($4.60) and a fifty-two week high of GBX 439.50 ($6.17).

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Polypipe Group Company Profile

Polypipe Group plc is a United Kingdom-based manufacturer of plastic piping systems for the residential, commercial, civil and infrastructure sectors. The Company’s segments include Residential Piping Systems, Commercial and Infrastructure Piping Systems (UK), and Commercial and Infrastructure (Mainland Europe).

Analyst Recommendations for Polypipe Group (LON:PLP)

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