Scapa Group plc’s (LON:SCPA) “Add” Rating Reiterated at Numis Securities Ltd

Scapa Group plc (LON:SCPA)‘s stock had its “add” rating reaffirmed by equities researchers at Numis Securities Ltd in a report issued on Wednesday. They presently have a GBX 475 ($6.19) price objective on the stock. Numis Securities Ltd’s price objective would indicate a potential downside of 0.11% from the stock’s previous close.

Other research analysts also recently issued reports about the company. N+1 Singer reaffirmed a “hold” rating and set a GBX 490 ($6.38) target price on shares of Scapa Group plc in a report on Wednesday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 480 ($6.25) target price on shares of Scapa Group plc in a report on Monday, June 5th.

Scapa Group plc (SCPA) opened at 469.00 on Wednesday. Scapa Group plc has a 1-year low of GBX 235.25 and a 1-year high of GBX 522.39. The firm’s market cap is GBX 714.52 million. The firm has a 50-day moving average price of GBX 475.44 and a 200 day moving average price of GBX 414.00.

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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.