Peel Hunt Reaffirms “Buy” Rating for Eurocell PLC (ECEL)
Eurocell PLC (LON:ECEL)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a research report issued on Tuesday. They presently have a GBX 225 ($2.74) price objective on the stock. Peel Hunt’s price target would suggest a potential upside of 26.76% from the company’s previous close.
Separately, Canaccord Genuity reissued a “buy” rating and set a GBX 220 ($2.68) price objective on shares of Eurocell PLC in a research report on Friday, September 30th.
Shares of Eurocell PLC (LON:ECEL) opened at 177.50 on Tuesday. The stock’s market cap is GBX 177.50 million. Eurocell PLC has a 1-year low of GBX 134.00 and a 1-year high of GBX 208.00. The stock’s 50 day moving average is GBX 178.61 and its 200-day moving average is GBX 170.86.
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The firm also recently disclosed a dividend, which was paid on Friday, October 7th. Shareholders of record on Thursday, September 8th were given a dividend of GBX 2.80 ($0.03) per share. This represents a yield of 1.73%. The ex-dividend date of this dividend was Thursday, September 8th.
In other news, insider Kalverboer,Patrick bought 30,000 shares of Eurocell PLC stock in a transaction dated Tuesday, August 23rd. The stock was bought at an average price of GBX 162 ($1.97) per share, for a total transaction of £48,600 ($59,232.18). Also, insider Kelly,Mark bought 43,939 shares of Eurocell PLC stock in a transaction dated Wednesday, August 24th. The stock was purchased at an average price of GBX 171 ($2.08) per share, with a total value of £75,135.69 ($91,573.05).
Eurocell PLC Company Profile
Eurocell plc is a United Kingdom-based company that manufactures, distributes, recycles and supplies a range of unplasticized polyvinyl chloride (UPVC) window, door and conservatory products, and an array of ancillary systems, direct to fabricators and installers. The Company provides a package of products for both new-build and replacement markets.
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