Scapa Group (LON:SCPA) had its target price boosted by Berenberg Bank from GBX 500 ($6.53) to GBX 520 ($6.79) in a research report released on Thursday morning. Berenberg Bank currently has a buy rating on the stock.

Separately, Numis Securities restated a buy rating and issued a GBX 535 ($6.99) target price on shares of Scapa Group in a research report on Wednesday, October 10th.

Shares of Scapa Group stock traded down GBX 4.20 ($0.05) during trading on Thursday, reaching GBX 348 ($4.55). The company’s stock had a trading volume of 174,980 shares, compared to its average volume of 251,665. Scapa Group has a 1-year low of GBX 347.50 ($4.54) and a 1-year high of GBX 522.39 ($6.83).

In related news, insider Joseph Davin sold 83,358 shares of the business’s stock in a transaction that occurred on Thursday, September 20th. The stock was sold at an average price of GBX 454 ($5.93), for a total value of £378,445.32 ($494,505.84). Also, insider Martin Sawkins bought 6,500 shares of the company’s stock in a transaction that occurred on Friday, November 23rd. The stock was purchased at an average price of GBX 314 ($4.10) per share, with a total value of £20,410 ($26,669.28).

Scapa Group Company Profile

Scapa Group plc, together with its subsidiaries, manufactures and sells bonding products and adhesive components for applications in the healthcare and industrial markets in the United Kingdom and internationally. It offers aluminum foil, acrylic foam, barnier system, cable wrapping, cloth, double sided and transfer, double and single sided foam, foam plate mounting, heatseal, packaging, paper masking, PIB sheeting, polyethylene, PVC, self-amalgamating, and specialist film tapes, as well as resins and putties.

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