Scapa Group plc Upgraded to “Buy” at Numis Securities Ltd (SCPA)
Scapa Group plc (LON:SCPA) was upgraded by research analysts at Numis Securities Ltd from an “add” rating to a “buy” rating in a report released on Thursday, American Banking News.com reports. The firm currently has a GBX 100 ($1.60) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 18.11% from the stock’s previous close.
Separately, analysts at N+1 Singer reiterated a “corporate” rating on shares of Scapa Group plc in a research note to investors on Tuesday, July 23rd.
Scapa Group plc (LON:SCPA) opened at 85.125 on Thursday. Scapa Group plc has a one year low of GBX 60.025 and a one year high of GBX 97.50. The stock has a 50-day moving average of GBX 89.65 and a 200-day moving average of GBX 80.10.
Scapa Group plc is a holding company. The Company, through its subsidiaries, is operating in the manufacture of bonding materials and solutions.
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