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Eurocell ( (GB:ECEL) ) has issued an announcement.
Eurocell plc has executed a share buyback program, purchasing 5,769 of its ordinary shares at a price of 130.11 pence each on the London Stock Exchange. This transaction, facilitated by Berenberg, results in the company’s issued share capital consisting of 100,320,982 shares, which shareholders can use to calculate their voting rights under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:ECEL) stock is a Hold with a £138.00 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 Neutral.
Eurocell’s overall stock score reflects a mix of operational efficiency and challenges in revenue growth and market conditions. The company’s strategic acquisitions and cost management are positive, but technical indicators and a cautious earnings outlook suggest potential risks.
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 production and distribution of UPVC products, including windows, doors, and conservatories. The company primarily serves the UK market, catering to both commercial and residential sectors.
Average Trading Volume: 179,492
Technical Sentiment Signal: Sell
Current Market Cap: £130.4M
For detailed information about ECEL stock, go to TipRanks’ Stock Analysis page.