Berenberg Bank Boosts Eurocell (LON:ECEL) Price Target to GBX 350

Eurocell (LON:ECEL) had its price target lifted by research analysts at Berenberg Bank from GBX 330 ($4.31) to GBX 350 ($4.57) in a research note issued on Tuesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 29.63% from the stock’s current price.

Separately, Canaccord Genuity increased their target price on shares of Eurocell from GBX 300 ($3.92) to GBX 310 ($4.05) and gave the company a “buy” rating in a research note on Tuesday.

Shares of ECEL remained flat at $GBX 270 ($3.53) during midday trading on Tuesday. 640 shares of the stock traded hands, compared to its average volume of 110,971. Eurocell has a 1-year low of GBX 170 ($2.22) and a 1-year high of GBX 290 ($3.79). The company has a market cap of £301.70 million and a PE ratio of -135.00. The company has a quick ratio of 0.73, a current ratio of 1.45 and a debt-to-equity ratio of 75.00. The business has a 50-day moving average of GBX 273.07.

Eurocell Company Profile

Eurocell plc manufactures, distributes, and recycles windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom. It operates in Profiles and Building Plastics segments. The company manufactures and sells extruded rigid and foam PVC profiles to third-party fabricators.

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