Eurocell (LON:ECEL) Price Target Lowered to GBX 240 at Berenberg Bank

Eurocell (LON:ECEL) had its price objective lowered by research analysts at Berenberg Bank from GBX 270 to GBX 240 in a research report issued to clients and investors on Thursday,Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 89.72% from the company’s previous close.

Separately, Peel Hunt restated a “buy” rating and set a GBX 180 target price on shares of Eurocell in a research report on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Eurocell presently has a consensus rating of “Buy” and an average price target of GBX 210.

Eurocell Price Performance

Shares of LON ECEL opened at GBX 126.50 on Thursday. The stock has a 50 day moving average of GBX 126.31 and a two-hundred day moving average of GBX 134.05. Eurocell has a twelve month low of GBX 114.95 and a twelve month high of GBX 171. The stock has a market cap of £125.37 million, a P/E ratio of 17.33 and a beta of 0.84. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 58.43.

Insider Buying and Selling

In other news, insider Will Truman bought 1,772 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were purchased at an average price of GBX 129 per share, with a total value of £2,285.88. Also, insider Alison Littley bought 1,904 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The shares were acquired at an average cost of GBX 129 per share, with a total value of £2,456.16. Insiders acquired a total of 10,759 shares of company stock valued at $1,387,911 over the last 90 days. 4.45% of the stock is owned by corporate insiders.

About Eurocell

Eurocell plc engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland. The company operates through Profiles and Building Plastics segments. It also offers fascia and capping boards, finishing trims, soffit boards, ventilators, and accessories; decking, fencing, and balustrade. In addition, the company provides polycarbonate, roofing insulation and membrane, lightweight roofing and tiles, flashing, flat roofing, dry verge, roof lanterns and glazing, ladders, and access equipment; external and internal cladding; and sealants, adhesives, and cleaners.