Polypipe FY revenues slump amid Covid-19

16th Mar 2021 10:20

(Sharecast News) - Plastics company Polypipe said on Tuesday that full-year revenues had declined in 2020 on impacts felt from the Covid-19 pandemic.

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Berenberg raises target price on Polypipe

15th Feb 2021 10:56

(Sharecast News) - Analysts at Berenberg raised their target price on plastics pipe company Polypipe from 540.0p to 610.0p on Monday, stating recent acquisitions aided the company's structural growth story.

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Friday broker round-up

12th Feb 2021 13:12

(Sharecast News) - RELX: Berenberg reiterates hold with a target price of 1,816p.

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Polypipe raises £96.3m in placing to help fund ADEY acquisition

11th Feb 2021 08:37

(Sharecast News) - Polypipe said on Thursday that it has raised around £96.3m in a placing to help fund the £210m acquisition of magnetic filters maker ADEY.

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Polypipe to buy magnetic filters provider ADEY for £210m

10th Feb 2021 17:22

(Sharecast News) - Polypipe has agreed to buy ADEY, a provider of magnetic filters and chemicals, from private equity firm LDC and other shareholders for £210m in cash, part of which will be funded through a share placing.

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Wednesday broker round-up

3rd Feb 2021 13:05

(Sharecast News) - Unite Group: Barclays downgrades to underweight with a target price of 850p.

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Deutsche Bank raises target price on Polypipe

3rd Feb 2021 13:04

(Sharecast News) - Analysts at Deutsche Bank raised their target price on Polypipe from 561.0p to 602.0p on Wednesday after the group raised 2020 underlying earnings guidance once again.

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Polypipe acquires Nu-Heat, updates on trading

2nd Feb 2021 08:04

(Sharecast News) - Polypipe said on Tuesday that it had acquired heating systems supplier Nu-Heat Holdings for a total of £27.0m on a cash-free, debt-free basis.

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Polypipe annual profit to beat expectations

14th Dec 2020 07:05

(Sharecast News) - Polypipe Group said annual profit would beat expectations as its business continued to recover from the Covid-19 crisis.

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Wednesday broker round-up

18th Nov 2020 13:32

(Sharecast News) - easyJet: Berenberg downgrades to hold with a target price of 820p.

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Polypipe revenues top expectations as volumes recover

17th Nov 2020 08:36

(Sharecast News) - Plastic piping manufacturer Polypipe said on Tuesday that revenues for the four months ended 31 October had come in ahead of expectations.

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Wednesday broker round-up

16th Sep 2020 13:18

(Sharecast News) - Morrison: JP Morgan downgrades to underweight with a target price of 160.0p.

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Polypipe H1 hit by Covid-19 but trading improving

15th Sep 2020 08:10

(Sharecast News) - Polypipe reported a decline in first-half profit and revenue on Tuesday as it took a hit from the coronavirus pandemic, but struck a more upbeat note on recent trading.

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Polypipe to cut 250 jobs but says trends improving

7th Jul 2020 07:46

(Sharecast News) - Polypipe announced plans on Tuesday to cut around 250 jobs due to the impact of the coronavirus pandemic, but said it had seen an improvement in trading since its last update in May.

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Wednesday broker round-up

17th Jun 2020 13:18

(Sharecast News) - Indivior: Jefferies reiterates hold with a target price of 70p.

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