Berenberg Bank Cuts Eurocell (LON:ECEL) Price Target to GBX 240

Eurocell (LON:ECEL) had its price objective decreased by Berenberg Bank from GBX 270 to GBX 240 in a research note released on Thursday morning, Marketbeat Ratings reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Peel Hunt reiterated a “buy” rating and set a GBX 180 price target on shares of Eurocell in a research report on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 210.

Eurocell Trading Down 0.7%

Shares of ECEL stock opened at GBX 125.12 on Thursday. The firm has a market capitalization of £124.00 million, a PE ratio of 17.14 and a beta of 0.84. Eurocell has a 1-year low of GBX 114.95 and a 1-year high of GBX 171. The business’s fifty day moving average price is GBX 126.22 and its 200 day moving average price is GBX 133.58. The company has a debt-to-equity ratio of 58.43, a current ratio of 1.58 and a quick ratio of 0.87.

Insider Activity at Eurocell

In other Eurocell news, insider Alison Littley purchased 1,904 shares of Eurocell stock in a transaction on Friday, November 7th. The shares were acquired at an average cost of GBX 129 per share, for a total transaction of £2,456.16. Also, insider Iraj Amiri acquired 1,672 shares of the stock in a transaction dated Friday, November 7th. The stock was acquired at an average price of GBX 129 per share, with a total value of £2,156.88. Insiders bought a total of 10,759 shares of company stock worth $1,387,911 in the last quarter. 4.45% of the stock is owned by company insiders.

Eurocell Company Profile

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.