Scapa Group plc (SCPA) Receives Buy Rating from N+1 Singer
Several other research analysts have also recently issued reports on the stock. Numis Securities Ltd cut shares of Scapa Group plc to a hold rating and set a GBX 280 ($3.47) target price on the stock. in a report on Tuesday, July 19th. Berenberg Bank restated a buy rating and issued a GBX 310 ($3.84) target price on shares of Scapa Group plc in a report on Friday, July 1st.
Scapa Group plc (LON:SCPA) opened at 296.13 on Wednesday. The firm’s market cap is GBX 444.29 million. Scapa Group plc has a 12-month low of GBX 174.75 and a 12-month high of GBX 301.25. The firm’s 50-day moving average is GBX 261.69 and its 200 day moving average is GBX 253.35.
In related news, insider Hardcastle,Graham purchased 20,000 shares of the business’s stock in a transaction that occurred on Thursday, August 25th. The shares were acquired at an average price of GBX 246 ($3.04) per share, for a total transaction of £49,200 ($60,891.09). Also, insider Davin,Joseph sold 202,500 shares of Scapa Group plc stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of GBX 255 ($3.16), for a total transaction of £516,375 ($639,077.97).
About Scapa Group plc
Scapa Group plc is a United Kingdom-based holding company for a group of companies operating in the manufacture of bonding materials and solutions. The Company’s products include bonding solutions used in wiring harness for electrical distribution, seat heating systems and assembly applications. Its segments include Healthcare, Industrial and Electronics.
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