Scapa Group plc (SCPA) Earns “Buy” Rating from Berenberg Bank
Other equities analysts also recently issued reports about the stock. N+1 Singer reiterated a hold rating and set a GBX 490 ($6.44) price target on shares of Scapa Group plc in a report on Wednesday, August 9th. Numis Securities Ltd reiterated an add rating and set a GBX 475 ($6.25) price target on shares of Scapa Group plc in a report on Wednesday, August 9th.
Shares of Scapa Group plc (SCPA) opened at 455.50 on Friday. The stock’s market capitalization is GBX 693.95 million. The stock’s 50 day moving average is GBX 443.25 and its 200-day moving average is GBX 442.82. Scapa Group plc has a 12-month low of GBX 255.88 and a 12-month high of GBX 522.39.
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In related news, insider Heejae Chae sold 336,364 shares of the company’s stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of GBX 455 ($5.98), for a total transaction of £1,530,456.20 ($2,012,169.60). Also, insider Christopher Carter sold 22,190 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of GBX 462 ($6.07), for a total transaction of £102,517.80 ($134,785.43).
Scapa Group plc Company Profile
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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