Berenberg Bank Reiterates Buy Rating for Eurocell (LON:ECEL)

Eurocell (LON:ECELGet Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a note issued to investors on Tuesday, reports. They presently have a GBX 180 ($2.31) price target on the stock. Berenberg Bank’s target price points to a potential upside of 18.42% from the stock’s current price.

Eurocell Price Performance

LON ECEL opened at GBX 152 ($1.95) on Tuesday. The company has a debt-to-equity ratio of 51.27, a current ratio of 1.70 and a quick ratio of 0.87. The stock’s fifty day moving average price is GBX 132.59 and its 200 day moving average price is GBX 128.50. Eurocell has a 1 year low of GBX 98.80 ($1.27) and a 1 year high of GBX 155 ($1.99). The company has a market cap of £164.33 million, a price-to-earnings ratio of 1,688.89 and a beta of 0.81.

Insiders Place Their Bets

In related news, insider Iraj Amiri purchased 1,519 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were bought at an average cost of GBX 135 ($1.73) per share, with a total value of £2,050.65 ($2,626.68). 2.00% of the stock is owned by insiders.

Eurocell Company Profile

(Get Free Report)

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.

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