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Carr’s Group plc ( (GB:CARR) ) has provided an update.
Carr’s Group plc has announced that its issued share capital now consists of 51,744,914 ordinary shares, each carrying one vote, in compliance with the Financial Conduct Authority’s Disclosure and Transparency Rule 5.6.1. This update is significant for shareholders as it determines the denominator for calculating their interest in the company, impacting how they report changes under FCA rules.
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 the needs of farmers and industrial clients. The company focuses on delivering innovative solutions to enhance productivity and efficiency in these industries.
Average Trading Volume: 63,883
Technical Sentiment Signal: Hold
Current Market Cap: £70.34M
See more insights into CARR stock on TipRanks’ Stock Analysis page.