Numis Securities Ltd Reiterates “Add” Rating for Scapa Group plc (SCPA)
Scapa Group plc (LON:SCPA)‘s stock had its “add” rating reiterated by Numis Securities Ltd in a report issued on Tuesday. They currently have a GBX 340 ($4.22) price objective on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 8.97% from the stock’s current price.
Separately, N+1 Singer reaffirmed a “buy” rating and set a GBX 333 ($4.13) target price on shares of Scapa Group plc in a research note on Tuesday, November 22nd.
Scapa Group plc (LON:SCPA) opened at 310.00 on Tuesday. Scapa Group plc has a 1-year low of GBX 174.75 and a 1-year high of GBX 317.75. The stock’s market cap is GBX 466.24 million. The company has a 50-day moving average of GBX 289.27 and a 200 day moving average of GBX 267.08.
In other news, insider Christopher Carter sold 83,102 shares of the business’s stock in a transaction dated Tuesday, September 27th. The shares were sold at an average price of GBX 267 ($3.31), for a total transaction of £221,882.34 ($275,254.11).
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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