Scapa Group plc (SCPA) Price Target Raised to GBX 310 at Numis Securities Ltd
Scapa Group plc (LON:SCPA) had its target price raised by Numis Securities Ltd from GBX 280 ($3.47) to GBX 310 ($3.84) in a research report report published on Wednesday morning. Numis Securities Ltd currently has a hold rating on the stock.
Separately, Berenberg Bank reiterated a buy rating and set a GBX 310 ($3.84) price objective on shares of Scapa Group plc in a research note on Friday, July 1st.
Scapa Group plc (LON:SCPA) opened at 296.13 on Wednesday. The stock has a 50 day moving average of GBX 261.69 and a 200 day moving average of GBX 253.35. The company’s market cap is GBX 444.29 million. Scapa Group plc has a one year low of GBX 174.75 and a one year high of GBX 301.25.
In other news, insider Davin,Joseph sold 202,500 shares of the company’s stock in a transaction that occurred on Wednesday, August 10th. The stock was sold at an average price of GBX 255 ($3.16), for a total transaction of £516,375 ($639,077.97). Also, insider Christopher Carter sold 83,102 shares of the company’s stock in a transaction that occurred on Tuesday, September 27th. The stock was sold at an average price of GBX 267 ($3.30), for a total value of £221,882.34 ($274,606.86).
Scapa Group plc Company Profile
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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