Scapa Group plc (SCPA) Rating Reiterated by N+1 Singer
Scapa Group plc (LON:SCPA)‘s stock had its “buy” rating reissued by research analysts at N+1 Singer in a research note issued to investors on Wednesday. They currently have a GBX 309 ($3.82) target price on the stock. N+1 Singer’s price objective would indicate a potential upside of 9.67% from the company’s previous close.
SCPA has been the subject of several other reports. Numis Securities Ltd lowered shares of Scapa Group plc to a “hold” rating and set a GBX 280 ($3.47) price target for the company. in a research note on Tuesday, July 19th. Berenberg Bank reiterated a “buy” rating and issued a GBX 310 ($3.84) price target on shares of Scapa Group plc in a research note on Friday, July 1st.
Scapa Group plc (LON:SCPA) traded up 3.73% on Wednesday, reaching GBX 292.25. 427,996 shares of the company’s stock traded hands. Scapa Group plc has a 52-week low of GBX 174.75 and a 52-week high of GBX 297.75. The stock’s market cap is GBX 438.47 million. The company’s 50 day moving average is GBX 260.55 and its 200-day moving average is GBX 253.08.
In other Scapa Group plc news, insider Carter,Christopher sold 74,398 shares of Scapa Group plc stock in a transaction that occurred on Friday, August 5th. The shares were sold at an average price of GBX 255 ($3.16), for a total transaction of £189,714.90 ($234,795.67). Also, insider Hardcastle,Graham purchased 20,000 shares of the stock in a transaction on Thursday, August 25th. The shares were purchased at an average cost of GBX 246 ($3.04) per share, for a total transaction of £49,200 ($60,891.09).
About Scapa Group plc
Scapa Group plc is a United Kingdom-based holding company for a group of companies operating in the manufacture of bonding materials and solutions. The Company’s products include bonding solutions used in wiring harness for electrical distribution, seat heating systems and assembly applications. Its segments include Healthcare, Industrial and Electronics.
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