Scapa Group plc (SCPA) Stock Rating Lowered by Numis Securities Ltd

Scapa Group plc (LON:SCPA) was downgraded by Numis Securities Ltd to a “hold” rating in a report issued on Monday. They presently have a GBX 475 ($6.25) target price on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 4.97% from the company’s previous close.

Other analysts also recently issued research reports about the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 500 ($6.57) target price on shares of Scapa Group plc in a research note on Friday, October 6th. N+1 Singer raised Scapa Group plc to a “buy” rating and set a GBX 490 ($6.44) target price on the stock in a research note on Thursday, October 5th.

Scapa Group plc (LON SCPA) opened at 475.00 on Monday. The company’s 50-day moving average price is GBX 443.31 and its 200-day moving average price is GBX 443.52. Scapa Group plc has a one year low of GBX 255.88 and a one year high of GBX 522.39. The firm’s market cap is GBX 723.66 million.

TRADEMARK VIOLATION NOTICE: “Scapa Group plc (SCPA) Stock Rating Lowered by Numis Securities Ltd” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://ledgergazette.com/2017/10/11/scapa-group-plc-scpa-stock-rating-lowered-by-numis-securities-ltd.html.

In other news, insider Heejae Chae sold 336,364 shares of the business’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of GBX 455 ($5.98), for a total value of £1,530,456.20 ($2,012,169.60). Also, insider Christopher Carter sold 22,190 shares of the business’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of GBX 462 ($6.07), for a total value of £102,517.80 ($134,785.43).

Scapa Group plc Company Profile

Scapa Group plc is a United Kingdom-based global supplier of bonding solutions and manufacturer of adhesive-based products for the Healthcare and Industrial markets. The Company has a global footprint, w

Other analysts also recently issued research reports about the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 500 ($6.57) target price on shares of Scapa Group plc in a research note on Friday, October 6th. N+1 Singer raised Scapa Group plc to a “buy” rating and set a GBX 490 ($6.44) target price on the stock in a research note on Thursday, October 5th.

Scapa Group plc (LON SCPA) opened at 475.00 on Monday. The company’s 50-day moving average price is GBX 443.31 and its 200-day moving average price is GBX 443.52. Scapa Group plc has a one year low of GBX 255.88 and a one year high of GBX 522.39. The firm’s market cap is GBX 723.66 million.

TRADEMARK VIOLATION NOTICE: “Scapa Group plc (SCPA) Stock Rating Lowered by Numis Securities Ltd” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://ledgergazette.com/2017/10/11/scapa-group-plc-scpa-stock-rating-lowered-by-numis-securities-ltd.html.

In other news, insider Heejae Chae sold 336,364 shares of the business’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of GBX 455 ($5.98), for a total value of £1,530,456.20 ($2,012,169.60). Also, insider Christopher Carter sold 22,190 shares of the business’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of GBX 462 ($6.07), for a total value of £102,517.80 ($134,785.43).

Scapa Group plc Company Profile

Scapa Group plc is a United Kingdom-based global supplier of bonding solutions and manufacturer of adhesive-based products for the Healthcare and Industrial markets. The Company has a global footprint, with production sites in Asia, Europe and the United States. The Company conducts the activities through two distinct and separate businesses: Healthcare and Industrial business units.

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