Eurocell (LON:ECEL) Receives “Buy” Rating from Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Eurocell (LON:ECELFree Report) in a research note released on Thursday, MarketBeat Ratings reports. They currently have a GBX 300 ($3.87) price target on the stock.

Eurocell Stock Performance

Shares of ECEL opened at GBX 166 ($2.14) on Thursday. The stock has a 50-day moving average of GBX 149.10 and a two-hundred day moving average of GBX 165.44. Eurocell has a one year low of GBX 115 ($1.48) and a one year high of GBX 191 ($2.47). The company has a debt-to-equity ratio of 58.43, a quick ratio of 0.87 and a current ratio of 1.58. The stock has a market cap of £168.94 million, a P/E ratio of 14.62 and a beta of 0.84.

Eurocell (LON:ECELGet Free Report) last issued its quarterly earnings results on Thursday, March 20th. The company reported GBX 14.40 ($0.19) EPS for the quarter. Eurocell had a return on equity of 11.31% and a net margin of 3.51%. As a group, research analysts predict that Eurocell will post 19.470852 EPS for the current year.

Eurocell Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be paid a dividend of GBX 3.90 ($0.05) per share. The ex-dividend date is Thursday, April 24th. This represents a dividend yield of 2.52%. This is a positive change from Eurocell’s previous dividend of $2.20. Eurocell’s dividend payout ratio (DPR) is presently 52.83%.

Insider Buying and Selling at Eurocell

In related news, insider Alison Littley acquired 1,804 shares of Eurocell stock in a transaction on Monday, February 10th. The stock was acquired at an average price of GBX 145 ($1.87) per share, for a total transaction of £2,615.80 ($3,377.40). Company insiders own 2.13% of the company’s stock.

About Eurocell

(Get Free Report)

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.

Further Reading

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