Scapa Group plc (LON:SCPA) Insider Buys £72,300 in Stock

Scapa Group plc (LON:SCPA) insider Graham Hardcastle bought 15,000 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The stock was acquired at an average cost of GBX 482 ($6.49) per share, for a total transaction of £72,300 ($97,308.21).

Scapa Group plc (SCPA) opened at GBX 453.73 ($6.11) on Friday. Scapa Group plc has a 12 month low of GBX 296.50 ($3.99) and a 12 month high of GBX 522.39 ($7.03).

Scapa Group (LON:SCPA) last announced its quarterly earnings data on Tuesday, November 21st. The company reported GBX 8.30 ($0.11) earnings per share (EPS) for the quarter. The company had revenue of £145.60 million during the quarter. Scapa Group had a net margin of 7.90% and a return on equity of 21.69%.

A number of equities analysts have weighed in on SCPA shares. N+1 Singer upgraded shares of Scapa Group to a “buy” rating and set a GBX 490 ($6.59) price target on the stock in a report on Thursday, October 5th. Numis Securities lowered shares of Scapa Group to a “hold” rating and set a GBX 475 ($6.39) price objective on the stock. in a report on Monday, October 9th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 500 ($6.73) price objective on shares of Scapa Group in a research report on Friday, October 6th.

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Scapa Group Company Profile

Scapa Group plc is a United Kingdom-based global supplier of bonding solutions and manufacturer of adhesive-based products for the Healthcare and Industrial markets. The Company has a global footprint, with production sites in Asia, Europe and the United States. The Company conducts the activities through two distinct and separate businesses: Healthcare and Industrial business units.

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