Scapa Group plc (SCPA) Price Target Increased to GBX 500 by Analysts at Berenberg Bank

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.

WARNING: “Scapa Group plc (SCPA) Price Target Increased to GBX 500 by Analysts at Berenberg Bank” was posted by BNB Daily and is the sole property of of BNB Daily. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The legal version of this piece can be viewed at https://www.baseball-news-blog.com/2017/08/19/berenberg-bank-boosts-scapa-group-plc-scpa-price-target-to-gbx-500-updated.html.

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.

Receive News & Ratings for Scapa Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scapa Group plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply