Eurocell (LON:ECEL) Earns Buy Rating from Berenberg Bank

Eurocell (LON:ECEL)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research note issued on Thursday, Digital Look reports. They presently have a GBX 240 price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 95.92% from the stock’s previous close.

Eurocell Stock Down 0.8%

Shares of ECEL opened at GBX 122.50 on Thursday. The company has a market capitalization of £120.72 million, a price-to-earnings ratio of 13.03 and a beta of 0.61. Eurocell has a 52 week low of GBX 99 and a 52 week high of GBX 140.50. The stock’s 50-day moving average price is GBX 116.14 and its 200-day moving average price is GBX 113.92. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 99.05.

Eurocell (LON:ECEL) last announced its quarterly earnings results on Thursday, September 3rd. The company reported GBX 6.10 earnings per share for the quarter. Eurocell had a return on equity of 9.23% and a net margin of 2.38%. On average, sell-side analysts predict that Eurocell will post 19.470852 EPS for the current year.

Insider Activity

In other news, insider Derek Mapp bought 6,965 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was purchased at an average cost of GBX 110 per share, for a total transaction of £7,661.50. Also, insider Angela Rushforth bought 3,156 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was purchased at an average price of GBX 110 per share, with a total value of £3,471.60. Over the last 90 days, insiders bought 35,710 shares of company stock worth $3,869,513. 4.66% of the stock is currently owned by corporate insiders.

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.