Numis disclosed Scapa Group PLC (LON:SCPA), hiking its price target to 310.00GBX earlier today
- Updated: October 11, 2016
Having a price of 293.38GBX, Scapa Group PLC (LON:SCPA) traded 4.08% higher on the day. With the last close up 15.87% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SCPA has recorded a 50-day average of 260.55GBX and a two hundred day average of 253.08GBX. Trade Volume was down over the average, with 295,857 shares of SCPA changing hands under the typical 329,002
Reporting a potential upside of 0.06%, Numis upped the price target of Scapa Group PLC (LON:SCPA) to 310.00GBX
On Tuesday July 19, 2016, numis released a statement on Scapa Group PLC (LON:SCPA) upped the target price from 0.00GBX to 280.00GBX that suggested an upside of 0.08%.
Recent Performance Chart
Scapa Group PLC has price-earnings ratio of 75.19 with a one year low of 174.75GBX and a one year high of 297.75GBX and has a total market value of 0 GBX.
Also covering Scapa Group PLC's price target, a total of 3 analysts have released a report on Scapa Group PLC. The average stock price target is 291.67GBX with zero brokerages rating the company a strong buy, 2 firms rating the company a buy, two equity analysts rating the company a hold, zero brokerages rating the company a underperform, and lastly 0 brokers rating the stock a sell.
Brief Synopsis On Scapa Group PLC (LON:SCPA)
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. Its Healthcare segment is a strategic outsource partner of choice in the advanced wound care, consumer wellness, medical device fixation and drug delivery markets. The Company offers a range of products, such as Aluminium Foil, Arcylic Foam Tapes, Barnier System, Cable Wrapping Tapes, Cloth, Foam-Double Sided, Foam-Single Sided, Paper Masking, PIB Sheeting, Polyethylene, PVC and Specialist Films. The Company has manufacturing plants across the world and sells mainly in countries within Europe, North America and Asia. Its subsidiaries include Scapa Group Holdings GmbH, Porritts & Spencer Ltd and Scapa North America Inc.
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