Eurocell (LON:ECEL) Price Target Cut to GBX 240 by Analysts at Berenberg Bank

Eurocell (LON:ECEL) had its target price reduced by Berenberg Bank from GBX 270 to GBX 240 in a research report report published on Thursday morning, MarketBeat Ratings reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Peel Hunt reissued a “buy” rating and issued a GBX 180 price objective on shares of Eurocell in a research report on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 210.

Eurocell Price Performance

Shares of LON ECEL opened at GBX 126 on Thursday. The company has a market capitalization of £124.87 million, a PE ratio of 17.26 and a beta of 0.84. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 58.43. The stock’s 50 day moving average price is GBX 126.23 and its 200-day moving average price is GBX 133.99. Eurocell has a twelve month low of GBX 114.95 and a twelve month high of GBX 171.

Insiders Place Their Bets

In other news, insider Iraj Amiri bought 1,672 shares of the stock in a transaction on Friday, November 7th. The shares were purchased at an average cost of GBX 129 per share, for a total transaction of £2,156.88. Also, insider Derek Mapp purchased 4,227 shares of the company’s stock in a transaction dated Friday, November 7th. The shares were purchased at an average cost of GBX 129 per share, for a total transaction of £5,452.83. Insiders have bought 10,759 shares of company stock valued at $1,387,911 in the last quarter. 4.45% of the stock is currently owned by company insiders.

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. 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.