Berenberg Bank Reiterates “Buy” Rating for Eurocell (LON:ECEL)

Eurocell (LON:ECEL)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research note issued to investors on Thursday, MarketBeat reports. They presently have a GBX 240 price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 111.85% from the company’s current price.

Eurocell Trading Up 0.9%

Shares of ECEL opened at GBX 113.29 on Thursday. Eurocell has a 52-week low of GBX 107.20 and a 52-week high of GBX 171. The business’s fifty day moving average is GBX 125.73 and its 200-day moving average is GBX 126.92. The company has a debt-to-equity ratio of 113.07, a quick ratio of 0.87 and a current ratio of 1.56. The firm has a market cap of £111.65 million, a price-to-earnings ratio of 15.52 and a beta of 0.54.

Insider Buying and Selling at Eurocell

In other Eurocell news, insider Derek Mapp bought 17,589 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were purchased at an average price of GBX 113 per share, for a total transaction of £19,875.57. Also, insider Alison Littley bought 2,144 shares of the stock in a transaction on Monday, February 2nd. The shares were acquired at an average cost of GBX 128 per share, with a total value of £2,744.32. Insiders have acquired a total of 25,144 shares of company stock worth $2,954,597 over the last 90 days. Insiders own 4.52% 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. 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.