N+1 Singer upgraded shares of Scapa Group plc (LON:SCPA) to a buy rating in a research report released on Thursday morning. The brokerage currently has GBX 490 ($6.50) target price on the stock.

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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