Numis Securities Ltd Increases Scapa Group plc (SCPA) Price Target to GBX 340
Scapa Group plc (LON:SCPA) had its price target upped by research analysts at Numis Securities Ltd from GBX 310 ($3.87) to GBX 340 ($4.25) in a research report issued to clients and investors on Tuesday. The firm currently has an “add” rating on the stock. Numis Securities Ltd’s target price indicates a potential upside of 19.19% from the stock’s current price.
Separately, N+1 Singer reiterated a “buy” rating and issued a GBX 309 ($3.86) target price on shares of Scapa Group plc in a research note on Wednesday, October 12th.
Scapa Group plc (LON:SCPA) opened at 314.50 on Tuesday. Scapa Group plc has a 52 week low of GBX 174.75 and a 52 week high of GBX 317.00. The stock has a 50 day moving average price of GBX 284.97 and a 200 day moving average price of GBX 264.61. The stock’s market cap is GBX 471.85 million.
In other Scapa Group plc news, insider Christopher Carter sold 83,102 shares of the company’s stock in a transaction dated Tuesday, September 27th. The stock was sold at an average price of GBX 267 ($3.34), for a total transaction of £221,882.34 ($277,214.32). Also, insider Hardcastle,Graham purchased 20,000 shares of the company’s stock in a transaction on Thursday, August 25th. The shares were purchased at an average price of GBX 246 ($3.07) per share, with a total value of £49,200 ($61,469.27).
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.
Receive News & Stock Ratings for Scapa Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scapa Group plc and related stocks with our FREE daily email newsletter.