Scapa Group plc (LON:SCPA) had its price objective increased by Berenberg Bank from GBX 480 ($6.23) to GBX 500 ($6.49) in a research note published on Wednesday, August 9th. Berenberg Bank currently has a buy rating on the stock.
A number of other equities research analysts have also issued reports on SCPA. N+1 Singer restated a hold rating and issued a GBX 490 ($6.36) price target on shares of Scapa Group plc in a research report on Wednesday, August 9th. Numis Securities Ltd reiterated an add rating and issued a GBX 475 ($6.17) price objective on shares of Scapa Group plc in a research report on Wednesday, August 9th.
Scapa Group plc (SCPA) opened at 453.00 on Wednesday. Scapa Group plc has a 52 week low of GBX 235.25 and a 52 week high of GBX 522.39. The company’s market capitalization is GBX 690.15 million. The firm’s 50-day moving average price is GBX 469.89 and its 200 day moving average price is GBX 420.49.
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The firm also recently disclosed a dividend, which was paid on Friday, August 18th. Investors of record on Thursday, July 20th were given a GBX 2 ($0.03) dividend. This represents a yield of 0.44%. This is a positive change from Scapa Group plc’s previous dividend of $1.75. The ex-dividend date was Thursday, July 20th.
In related news, insider Christopher Carter sold 22,190 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of GBX 462 ($6.00), for a total value of £102,517.80 ($133,088.15).
Scapa Group plc Company Profile
Scapa Group Plc is a holding company for a group of companies operating in the manufacture of bonding products and adhesive components for applications in the healthcare and industrial markets. The Company operates through two segments: Industrial and Healthcare. Its Industrial segment manufactures and delivers a portfolio of adhesive bonding solutions and applications.
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