Scapa Group plc (SCPA) Upgraded to Buy by N+1 Singer
Several other equities research analysts have also commented on the stock. Berenberg Bank boosted their price target on shares of Scapa Group plc from GBX 480 ($6.37) to GBX 500 ($6.63) and gave the stock a buy rating in a report on Wednesday, August 9th. Numis Securities Ltd reissued an add rating and issued a GBX 475 ($6.30) price target on shares of Scapa Group plc in a report on Wednesday, August 9th.
Shares of Scapa Group plc (LON:SCPA) opened at 470.00 on Thursday. The stock’s market capitalization is GBX 716.05 million. The stock has a 50 day moving average of GBX 443.58 and a 200-day moving average of GBX 440.47. Scapa Group plc has a 52 week low of GBX 255.88 and a 52 week high of GBX 522.39.
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In related news, insider Christopher Carter sold 22,190 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of GBX 462 ($6.13), for a total value of £102,517.80 ($135,983.29). Also, insider Heejae Chae sold 336,364 shares of the business’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of GBX 455 ($6.04), for a total transaction of £1,530,456.20 ($2,030,052.00).
About Scapa Group plc
Scapa Group plc is a United Kingdom-based global supplier of bonding solutions and manufacturer of adhesive-based products for the Healthcare and Industrial markets. The Company has a global footprint, with production sites in Asia, Europe and the United States. The Company conducts the activities through two distinct and separate businesses: Healthcare and Industrial business units.
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