British Polythene Industries Stock Rating Reaffirmed by Investec (BPI)

British Polythene Industries (LON: BPI)‘s stock had its “buy” rating reiterated by investment analysts at Investec in a note issued to investors on Monday. They currently have a $8.27 (550 GBX) target price on the stock.

British Polythene Industries opened at 497.30 on Monday. British Polythene Industries has a 52-week low of GBX 308.10 and a 52-week high of GBX 460.693. The stock’s 50-day moving average is currently GBX 378.6. The company’s market cap is £127.7 million.

Separately, analysts at Investec Securities raised their price target on shares of British Polythene Industries from $6.76 to $8.27 in a research note to investors on Monday. They now have a “buy” rating on the stock.

British Polythene Industries PLC is a producer of polythene film in Europe. The Company is a global supplier of agricultural films, packaging for food and other goods, and recycler of polythene film.

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