Berenberg Bank Reaffirms Buy Rating for Eurocell (LON:ECEL)

Eurocell (LON:ECEL)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research report issued on Thursday,Digital Look reports. They currently have a GBX 240 price objective on the stock. Berenberg Bank’s price target would indicate a potential upside of 132.81% from the company’s previous close.

Eurocell Stock Performance

ECEL opened at GBX 103.09 on Thursday. The company has a debt-to-equity ratio of 99.05, a current ratio of 1.53 and a quick ratio of 0.87. The firm has a fifty day moving average price of GBX 112.78 and a 200 day moving average price of GBX 121.94. Eurocell has a 1 year low of GBX 99.80 and a 1 year high of GBX 164. The stock has a market cap of £101.60 million, a P/E ratio of 10.97 and a beta of 0.64.

Eurocell (LON:ECEL) last released its quarterly earnings results on Thursday, April 16th. The company reported GBX 14.60 EPS for the quarter. The company had revenue of £403.50 million for the quarter. Eurocell had a net margin of 2.38% and a return on equity of 9.23%. Equities research analysts anticipate that Eurocell will post 19.470852 earnings per share for the current year.

Insider Transactions at Eurocell

In other Eurocell news, insider Will Truman purchased 24,519 shares of Eurocell stock in a transaction that occurred on Monday, March 23rd. The stock was bought at an average price of GBX 113 per share, with a total value of £27,706.47. Also, insider Derek Mapp purchased 17,589 shares of the stock in a transaction on Thursday, March 19th. The shares were acquired at an average price of GBX 113 per share, for a total transaction of £19,875.57. 4.52% 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.