Eurocell (LON:ECEL) Given New GBX 180 Price Target at Berenberg Bank

Eurocell (LON:ECEL – Get Free Report) had its price target cut by Berenberg Bank from GBX 220 ($2.78) to GBX 180 ($2.27) in a research report issued to clients and investors on Tuesday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price would indicate a potential upside of 69.81% from the stock’s current price.

Eurocell Stock Performance

Shares of ECEL opened at GBX 106 ($1.34) on Tuesday. The company has a debt-to-equity ratio of 73.11, a current ratio of 1.91 and a quick ratio of 0.87. The firm’s 50 day moving average is GBX 110.69 and its 200-day moving average is GBX 122.40. Eurocell has a 12-month low of GBX 98.80 ($1.25) and a 12-month high of GBX 169.88 ($2.15). The stock has a market capitalization of £118.82 million, a P/E ratio of 530.00 and a beta of 0.80.

Insider Transactions at Eurocell

In related news, insider Kate Allum bought 1,741 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were bought at an average cost of GBX 111 ($1.40) per share, with a total value of £1,932.51 ($2,440.65). Corporate insiders own 1.39% of the company’s stock.

Eurocell Company Profile

(Get Free Report)

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. It operates through Profiles and Building Plastics segments. The company offers UPVC windows; PVCU, Vista, bi-fold, French, composite, and aluminium bi-fold doors; garden rooms; tiled roofs, UPVC conservatories, UPVC fascias and soffits, and UPVC interior products; guttering and rainwater pipes; and cavity closers, profile systems, decking and balustrade, composite fencing, vinyl flooring, and lantern roofs.

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