Numis Securities Ltd Boosts Scapa Group plc (SCPA) Price Target to GBX 310
Scapa Group plc (LON:SCPA) had its price objective upped by Numis Securities Ltd from GBX 280 ($3.47) to GBX 310 ($3.84) in a research note issued to investors on Wednesday morning. The brokerage currently has a hold rating on the stock.
Separately, Berenberg Bank reissued a buy rating and set a GBX 310 ($3.84) price objective on shares of Scapa Group plc in a report on Friday, July 1st.
Shares of Scapa Group plc (LON:SCPA) opened at 291.50 on Wednesday. The company’s 50-day moving average is GBX 264.18 and its 200 day moving average is GBX 253.91. The firm’s market capitalization is GBX 437.35 million. Scapa Group plc has a 1-year low of GBX 174.75 and a 1-year high of GBX 304.00.
In other news, insider Davin,Joseph sold 202,500 shares of the stock in a transaction that occurred 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). Also, insider Hardcastle,Graham purchased 20,000 shares of the firm’s stock in a transaction dated Thursday, August 25th. The shares were bought at an average cost of GBX 246 ($3.04) per share, for a total transaction of £49,200 ($60,891.09).
Scapa Group plc Company Profile
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.
Receive News & Ratings for Scapa Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scapa Group plc and related companies with MarketBeat.com's FREE daily email newsletter.