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Eurocell ( (GB:ECEL) ) has shared an announcement.
Eurocell plc, a company listed on the London Stock Exchange, has executed a share buyback program, purchasing 14,890 of its own ordinary shares at a price of 158 pence per share. This transaction, conducted through Berenberg, results in Eurocell having an issued share capital of 101,229,638 shares, which is also the total number of voting rights. This buyback may influence shareholder calculations regarding their interests in the company under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:ECEL) stock is a Buy with a £200.00 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 operational efficiency and strategic corporate actions, such as share buybacks, are significant strengths, providing a strong foundation. However, the company’s challenges in revenue growth and increasing debt pose risks. The valuation metrics add modest appeal, with technical indicators reflecting a stable market position.
To see Spark’s full report on GB:ECEL stock, click here.
More about Eurocell
Average Trading Volume: 186,370
Technical Sentiment Signal: Buy
Current Market Cap: £157.9M
See more insights into ECEL stock on TipRanks’ Stock Analysis page.