Polypipe Group Plc (LON:PLP) Add Rating Has Just Been Reiterated by Numis

August 14, 2018 - By Eugene Smith

Polypipe Group plc (LON:PLP) Logo

Polypipe Group Plc (LON:PLP) Rating Reaffirmed

This Morning, Tuesday morning, Polypipe Group Plc (LON:PLP)‘s Add rating was kept by Numis in an analyst note.

Polypipe Group plc (LON:PLP) Ratings Coverage

Among 5 analysts covering Polypipe Group Plc (LON:PLP), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Polypipe Group Plc has GBX 490 highest and GBX 450 lowest target. GBX 465’s average target is 23.80% above currents GBX 375.6 stock price. Polypipe Group Plc had 13 analyst reports since March 20, 2018 according to SRatingsIntel. The rating was maintained by Numis Securities on Friday, June 8 with “Add”. The stock of Polypipe Group plc (LON:PLP) earned “Buy” rating by Deutsche Bank on Monday, April 23. The stock of Polypipe Group plc (LON:PLP) earned “Buy” rating by Shore Capital on Tuesday, March 20. The firm has “Buy” rating by Deutsche Bank given on Thursday, July 12. The rating was maintained by Berenberg with “Buy” on Tuesday, May 15. The firm has “Buy” rating by Shore Capital given on Wednesday, May 23. Peel Hunt maintained the stock with “Buy” rating in Wednesday, June 13 report. The company was maintained on Tuesday, March 20 by Numis Securities. As per Thursday, May 10, the company rating was maintained by Peel Hunt. The stock of Polypipe Group plc (LON:PLP) has “Buy” rating given on Wednesday, May 23 by Peel Hunt.

The stock increased 5.80% or GBX 20.6 during the last trading session, reaching GBX 375.6. About 263,371 shares traded. Polypipe Group plc (LON:PLP) has 0.00% since August 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Polypipe Group plc, through its subsidiaries, designs, develops, and makes plastic piping systems, water management solutions, and ventilation systems for the residential, commercial, civil, infrastructure, and public non-housing sectors in the United Kingdom and internationally. The company has market cap of 750.35 million GBP. The firm offers building products, such as above and below ground drainage, rainwater systems, plastic plumbing fittings, pressure systems, and insulation products, as well as underfloor heating products. It has a 22.22 P/E ratio. It also provides surface water and terrain drainage systems, sewerage systems, and cable protection systems.

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