Berenberg Bank Increases Eurocell (LON:ECEL) Price Target to GBX 350

Eurocell (LON:ECEL) had its price target upped by analysts at Berenberg Bank from GBX 330 ($4.31) to GBX 350 ($4.57) in a research note issued to investors on Tuesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 29.63% from the stock’s current price.

Separately, Canaccord Genuity boosted their price target on shares of Eurocell from GBX 300 ($3.92) to GBX 310 ($4.05) and gave the company a “buy” rating in a report on Tuesday.

Shares of LON:ECEL remained flat at $GBX 270 ($3.53) during trading hours on Tuesday. 640 shares of the stock traded hands, compared to its average volume of 110,971. Eurocell has a twelve month low of GBX 170 ($2.22) and a twelve month high of GBX 290 ($3.79). The company has a quick ratio of 0.73, a current ratio of 1.45 and a debt-to-equity ratio of 75.00. The stock has a market cap of £301.70 million and a price-to-earnings ratio of -135.00. The firm’s 50 day moving average is GBX 273.07.

Eurocell Company Profile

Eurocell plc manufactures, distributes, and recycles windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom. It operates in Profiles and Building Plastics segments. The company manufactures and sells extruded rigid and foam PVC profiles to third-party fabricators.

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