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Eurocell ( (GB:ECEL) ) has issued an announcement.
Eurocell plc has executed a share buyback program, purchasing 9,487 of its ordinary shares at a price of 132.11 pence per share. This transaction, conducted through Berenberg, results in the company having no shares held in treasury, with a total issued share capital of 100,472,303 shares. This move is significant for shareholders as it affects the total number of voting rights and may influence their interest calculations 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 score is driven by operational efficiency and stable cash flow, but is tempered by bearish technical indicators and a cautious earnings outlook. The company’s valuation is moderate, with some income potential from dividends. Strategic efforts to boost revenue and manage debt will be crucial for future performance.
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 manufacture and distribution of UPVC products. The company is known for its range of window, door, and roofline products, catering to both the commercial and residential markets.
Average Trading Volume: 191,497
Technical Sentiment Signal: Sell
Current Market Cap: £131.6M
See more insights into ECEL stock on TipRanks’ Stock Analysis page.