Eurocell (LON:ECEL) Given Buy Rating at Berenberg Bank

Eurocell (LON:ECEL)‘s stock had its “buy” rating reaffirmed by investment analysts at Berenberg Bank in a note issued to investors on Thursday,Digital Look reports. They presently have a GBX 240 price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 132.81% from the company’s current price.

Eurocell Stock Down 0.4%

ECEL stock opened at GBX 103.09 on Thursday. Eurocell has a 52 week low of GBX 99.80 and a 52 week high of GBX 164. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 99.05. The firm has a 50-day simple moving average of GBX 112.78 and a 200-day simple moving average of GBX 121.94. The stock has a market capitalization of £101.60 million, a P/E ratio of 10.97 and a beta of 0.64.

Eurocell (LON:ECEL) last issued its quarterly earnings results on Thursday, April 16th. The company reported GBX 14.60 earnings per share for the quarter. Eurocell had a net margin of 2.38% and a return on equity of 9.23%. The firm had revenue of £403.50 million for the quarter. Equities analysts forecast that Eurocell will post 19.470852 earnings per share for the current fiscal year.

Insider Activity at Eurocell

In other news, insider Will Truman purchased 24,519 shares of the stock in a transaction dated Monday, March 23rd. The shares were purchased at an average cost of GBX 113 per share, with a total value of £27,706.47. Also, insider Derek Mapp purchased 17,589 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The shares were purchased at an average price of GBX 113 per share, with a total value of £19,875.57. Company insiders own 4.52% of the company’s stock.

About Eurocell

Eurocell plc engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland. The company operates through Profiles and Building Plastics segments. It also offers fascia and capping boards, finishing trims, soffit boards, ventilators, and accessories; decking, fencing, and balustrade. In addition, the company provides polycarbonate, roofing insulation and membrane, lightweight roofing and tiles, flashing, flat roofing, dry verge, roof lanterns and glazing, ladders, and access equipment; external and internal cladding; and sealants, adhesives, and cleaners.