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

Berenberg Bank reaffirmed their buy rating on shares of Eurocell (LON:ECEL) in a research note released on Thursday, MarketBeat.com reports. Berenberg Bank currently has a GBX 300 ($3.89) price objective on the stock.

Eurocell Price Performance

Eurocell stock opened at GBX 155 ($2.01) on Thursday. Eurocell has a 12 month low of GBX 110 ($1.43) and a 12 month high of GBX 191 ($2.48). The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 58.43. The business’s 50 day simple moving average is GBX 149.04 and its 200 day simple moving average is GBX 165.43. The company has a market cap of £157.75 million, a price-to-earnings ratio of 13.65 and a beta of 0.84.

Eurocell (LON:ECEL) last issued its quarterly earnings data on Thursday, March 20th. The company reported GBX 14.40 ($0.19) earnings per share (EPS) for the quarter. Eurocell had a return on equity of 11.31% and a net margin of 3.51%. Sell-side analysts forecast that Eurocell will post 19.470852 EPS for the current year.

Insider Activity

In other news, insider Alison Littley bought 1,804 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was bought at an average cost of GBX 145 ($1.88) per share, for a total transaction of £2,615.80 ($3,391.86). Corporate insiders own 2.13% 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.