Eurocell (LON:ECEL) Given Buy Rating at Berenberg Bank

Eurocell (LON:ECEL)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research report issued on Thursday,London Stock Exchange reports. They presently have a GBX 300 ($3.90) target price on the stock. Berenberg Bank’s target price would indicate a potential upside of 93.39% from the company’s previous close.

Eurocell Stock Performance

Shares of LON ECEL traded up GBX 10.13 ($0.13) during midday trading on Thursday, hitting GBX 155.13 ($2.02). 82,567 shares of the stock traded hands, compared to its average volume of 150,061. The company has a debt-to-equity ratio of 58.43, a quick ratio of 0.87 and a current ratio of 1.58. Eurocell has a one year low of GBX 110 ($1.43) and a one year high of GBX 191 ($2.48). The firm has a market capitalization of £157.88 million, a P/E ratio of 13.66 and a beta of 0.84. The firm has a 50-day moving average of GBX 149.18 and a two-hundred day moving average of GBX 165.39.

Eurocell (LON:ECEL) last issued its earnings results on Thursday, March 20th. The company reported GBX 14.40 ($0.19) earnings per share for the quarter. Eurocell had a net margin of 3.51% and a return on equity of 11.31%. On average, equities analysts forecast that Eurocell will post 19.470852 EPS for the current fiscal year.

Insider Transactions at Eurocell

In other Eurocell news, insider Alison Littley purchased 1,804 shares of Eurocell stock in a transaction that occurred on Monday, February 10th. The shares were bought at an average price of GBX 145 ($1.89) per share, for a total transaction of £2,615.80 ($3,402.89). Insiders own 2.13% of the company’s stock.

Eurocell Company Profile

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.