Berenberg reiterates 'hold' rating on Polypipe

17th Jun 2020 13:15

(Sharecast News) - Analysts at Berenberg reiterated their 'hold' rating on plastic piping manufacturer Polypipe on Wednesday, noting that although near-term uncertainty remained, the group was poised to be a "mid-term winner".

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Polypipe looks to raise ?120m amid slump in demand

7th May 2020 08:51

(Sharecast News) - Plastic pipes manufacturer Polypipe said on Thursday that it was looking to raise up to ?120m by way of a placing amid a slump in demand due to the Covid-19 pandemic.

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Polypipe suspends divi as it winds down operations due to Covid-19

25th Mar 2020 14:42

(Sharecast News) - Polypipe said on Wednesday that it was suspending its dividend as it winds down operations due to the coronavirus outbreak.

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Housebuilders are too cheap, Jefferies says

19th Mar 2020 10:18

(Sharecast News) - UK housebuilders are too cheap, Jefferies said as the broker placed 'buy' ratings on almost all sector stocks after big share price falls caused by the coronavirus crisis.

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Wednesday broker round-up

18th Mar 2020 13:42

(Sharecast News) - Polypipe: Deutsche Bank upgrades to buy with a target price of 550p.

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Polypipe profit, revenue rise despite 'challenging' markets

17th Mar 2020 07:58

(Sharecast News) - Polypipe reported a rise in full-year profit and revenue on Tuesday despite "challenging markets" as it said it has not seen any direct impact to date on its performance from the Covid-19 outbreak.

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Friday broker round-up

13th Dec 2019 13:41

(Sharecast News) - IAG: HSBC upgrades to buy with a target price of 750p.

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Polypipe lowers guidance amid tough trading conditions

19th Nov 2019 07:41

(Sharecast News) - Polypipe Group updated the market on its trading for the 10 months ended 31 October on Tuesday, reporting "resilient performance" in tough markets, with group revenue 4.3% higher at £381.7m.

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FTSE 250 movers: SIG slides, Clarkson climbs

7th Oct 2019 14:23

(Sharecast News) - London's FTSE 250 was down 0.23% at 19,436.03 in afternoon trade on Monday, with SIG leading the index lower.

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Polypipe buys Alderburgh Group for ?14m

1st Oct 2019 07:41

(Sharecast News) - Polypipe said it had bought stormwater tank maker Alderburgh Group for £14m in cash.

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Deutsche Bank starts Polypipe at 'hold', highlights competitive advantages

14th Aug 2019 16:02

(Sharecast News) - Analysts at Deutsche Bank kicked off coverage of Polypipe with a recommendation to 'hold' and 445.0p target price, highlighting the company's dominant position in the space.

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Wednesday broker round-up

14th Aug 2019 13:07

(Sharecast News) - Just Eat: Citigroup downgrades to neutral with a target price of 805p.

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Polypipe on track to meet expectations as revenues rise

23rd May 2019 07:23

(Sharecast News) - Polypipe said it was on track to meet full year expectations as it reported an 8% year on year rise in revenue for the four months to April 30.

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Peel Hunt downgrades Polypipe after full-year results

19th Mar 2019 15:54

(Sharecast News) - Analyst at Peel Hunt downgraded their recommendation on stock in Polypipe following the recent sharp run-up in the share price.

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Polypipe falls short of lofty expectations for 2018

19th Mar 2019 08:23

(Sharecast News) - Shares of Polypipe were knocked-off their perch after the company posted lower than expected full-year operating profits, but sounded a confident note on the outlook and bumped up its dividend.

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