Eurocell Announces Share Buyback of 20,220 Shares

Eurocell ( (GB:ECEL) ) has provided an announcement.

Eurocell plc has repurchased 20,220 of its ordinary shares at a price of 149.05 pence each, as part of a share buyback program executed through Berenberg, the company’s broker. This transaction results in the company having no shares held in treasury, with an issued share capital of 101,574,173 shares, impacting shareholder calculations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:ECEL) stock is a Buy with a £180.00 price target. To see the full list of analyst forecasts on Eurocell stock, see the GB:ECEL Stock Forecast page.

Spark’s Take on GB:ECEL Stock

According to Spark, TipRanks’ AI Analyst, GB:ECEL is a Outperform.

Eurocell’s overall stock score reflects solid financial health and valuation, bolstered by positive corporate events. While revenue growth challenges and rising debt levels pose risks, operational efficiency and strategic actions such as share buybacks and management incentives support a favorable outlook. The technical analysis indicates a cautious approach due to mixed signals.

To see Spark’s full report on GB:ECEL stock, click here.

More about Eurocell

Eurocell plc operates in the building materials industry, focusing on the manufacture and distribution of UPVC products, including windows, doors, and conservatories. The company primarily serves the UK market, catering to both trade and retail customers.

Average Trading Volume: 195,980

Technical Sentiment Signal: Hold

Current Market Cap: £152.4M

See more insights into ECEL stock on TipRanks’ Stock Analysis page.