CANAL+ Strengthens Financial Position with €700 Million Note Offering

An update from Canal+ ( (GB:CAN) ) is now available.

CANAL+ announced the successful pricing of its first offering of €700 million in senior unsecured notes due 2030, with the information memorandum approved by the Luxembourg Stock Exchange. This financial move is part of CANAL+’s broader strategy to strengthen its market position following its recent acquisition of MultiChoice Group, enhancing its global footprint and subscriber base.

The most recent analyst rating on (GB:CAN) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Spark’s Take on GB:CAN Stock

According to Spark, TipRanks’ AI Analyst, GB:CAN is a Neutral.

Canal+ has strong revenue growth and positive technical momentum, but these are offset by significant challenges in profitability and valuation. The negative P/E ratio and low dividend yield are major concerns, limiting the stock’s attractiveness.

To see Spark’s full report on GB:CAN stock, click here.

More about Canal+

CANAL+ is a global media and entertainment company that originated as a French subscription-TV channel. It operates across the entire audio-visual value chain, including production, broadcast, distribution, and aggregation. The company has a significant presence in the film and television industry through STUDIOCANAL and owns Dailymotion, a major international video platform. CANAL+ also offers telecommunication services and has equity stakes in various international media entities. Recently, CANAL+ took effective control of MultiChoice Group, Africa’s leading entertainment platform, expanding its reach to 40 million subscribers across over 70 countries.

Average Trading Volume: 1,007,873

Technical Sentiment Signal: Strong Buy

Current Market Cap: £2.62B

For a thorough assessment of CAN stock, go to TipRanks’ Stock Analysis page.