Berenberg Bank Lowers Eurocell (LON:ECEL) Price Target to GBX 270

Eurocell (LON:ECEL) had its price target cut by stock analysts at Berenberg Bank from GBX 300 to GBX 270 in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 110.94% from the company’s current price.

Eurocell Price Performance

Eurocell stock opened at GBX 128 on Thursday. The stock’s fifty day moving average price is GBX 149.26 and its two-hundred day moving average price is GBX 150.76. Eurocell has a one year low of GBX 122.50 and a one year high of GBX 191. The company has a debt-to-equity ratio of 58.43, a current ratio of 1.58 and a quick ratio of 0.87. The firm has a market cap of £129.10 million, a PE ratio of 1,319.59 and a beta of 0.84.

Eurocell (LON:ECEL) last issued its earnings results on Thursday, September 4th. The company reported GBX 6 earnings per share for the quarter. Eurocell had a return on equity of 11.31% and a net margin of 3.51%. As a group, research analysts expect that Eurocell will post 19.470852 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Derek Mapp purchased 3,643 shares of the company’s stock in a transaction dated Monday, August 4th. The stock was bought at an average cost of GBX 149 per share, for a total transaction of £5,428.07. Also, insider Will Truman purchased 1,775 shares of the company’s stock in a transaction dated Monday, August 4th. The stock was purchased at an average price of GBX 149 per share, with a total value of £2,644.75. Insiders purchased 9,708 shares of company stock worth $1,446,492 in the last ninety days. Insiders own 4.36% of the company’s stock.

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.