Numis Securities Ltd Reiterates “Add” Rating for Scapa Group plc (SCPA)
Scapa Group plc (LON:SCPA)‘s stock had its “add” rating reiterated by equities researchers at Numis Securities Ltd in a research report issued on Wednesday. They currently have a GBX 132 ($2.22) price objective on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 17.38% from the company’s current price.
Shares of Scapa Group plc (LON:SCPA) traded up 2.23% on Wednesday, hitting GBX 114.75. 167,072 shares of the company’s stock traded hands. Scapa Group plc has a 1-year low of GBX 73.50 and a 1-year high of GBX 130.00. The stock has a 50-day moving average of GBX 111.7 and a 200-day moving average of GBX 112.9.
A number of other analysts have also recently weighed in on SCPA. Analysts at N+1 Singer reiterated a “corporate” rating on shares of Scapa Group plc in a research note on Wednesday.
Scapa Group plc (LON:SCPA) is a holding company.
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