Eurocell plc (LON:ECEL – Get Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 108.38 and traded as high as GBX 118. Eurocell shares last traded at GBX 117.50, with a volume of 54,846 shares traded.
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 240 target price on shares of Eurocell in a research note on Thursday, May 14th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 210.
Read Our Latest Report on ECEL
Eurocell Stock Down 1.3%
Insider Buying and Selling
In other news, insider Iraj Amiri acquired 2,641 shares of Eurocell stock in a transaction on Friday, June 26th. The shares were acquired at an average price of GBX 110 per share, with a total value of £2,905.10. Also, insider Angela Rushforth purchased 3,156 shares of Eurocell stock in a transaction that occurred on Friday, June 26th. The stock was acquired at an average price of GBX 110 per share, for a total transaction of £3,471.60. Insiders bought 99,577 shares of company stock valued at $10,642,667 in the last ninety days. Company insiders own 4.66% of the company’s stock.
Eurocell Company Profile
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.
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