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Eurocell ( (GB:ECEL) ) has shared an announcement.
Eurocell plc has executed a share buyback program, purchasing 11,367 of its ordinary shares at a consistent price of 155.50 pence per share on the London Stock Exchange. This transaction, facilitated by Berenberg, results in the company’s issued share capital consisting of 101,116,857 shares, impacting the total number of voting rights and potentially influencing shareholder notifications under regulatory 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 overall stock score reflects strong technical analysis and positive corporate events, including share buybacks and positive analyst ratings. However, the score is tempered by challenges in revenue growth and increased debt levels.
To see Spark’s full report on GB:ECEL stock, click here.
More about Eurocell
Eurocell plc operates in the building materials industry, primarily focusing on the production and distribution of UPVC products, including windows, doors, and conservatories. The company is positioned to serve the UK market with a strong emphasis on sustainable and energy-efficient building solutions.
Average Trading Volume: 194,779
Technical Sentiment Signal: Buy
Current Market Cap: £157.8M
For detailed information about ECEL stock, go to TipRanks’ Stock Analysis page.