Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Carr’s Group plc ( (GB:CARR) ) just unveiled an update.
Carr’s Group plc announced that Tim Jones, the Non-Executive Chair, has purchased 21,313 ordinary shares of the company at a price of 140 pence per share, totaling £29,838.20. This acquisition increases Jones’s total shareholding to 146,798 shares, representing 0.28% of the company’s issued share capital, potentially signaling confidence in the company’s future performance.
The most recent analyst rating on (GB:CARR) stock is a Hold with a £148.00 price target. To see the full list of analyst forecasts on Carr’s Group plc stock, see the GB:CARR Stock Forecast page.
Spark’s Take on GB:CARR Stock
According to Spark, TipRanks’ AI Analyst, GB:CARR is a Neutral.
Carr’s Group plc’s overall stock score is primarily impacted by its financial performance challenges, including declining revenues and negative income. Technical analysis indicates weak momentum, while valuation concerns are highlighted by a negative P/E ratio. The dividend yield offers some investor return, but the overall outlook remains cautious.
To see Spark’s full report on GB:CARR stock, click here.
More about Carr’s Group plc
Carr’s Group plc operates in the agriculture and engineering sectors, providing products and services that cater to farming and industrial clients. The company focuses on delivering innovative solutions to enhance productivity and efficiency within these markets.
Average Trading Volume: 65,130
Technical Sentiment Signal: Buy
Current Market Cap: £70.89M
See more data about CARR stock on TipRanks’ Stock Analysis page.