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.
An update from finnCap Group plc ( (GB:CAV) ) is now available.
Cavendish plc, a company listed on AIM, announced the results of its Co-Investment Plan (CIP) August Offer. This initiative allowed eligible employees to acquire ordinary shares using their post-tax funds, with 12 employees participating. The shares, held by the company’s employee benefit trust, are subject to a three-year lock-up period and will rank for dividends and voting rights. Depending on share price targets, additional shares may be awarded. The company raised £178,000 through this offer, issuing 1,435,478 new shares, and aims to manage shareholder dilution to less than 15% of total issued share capital.
The most recent analyst rating on (GB:CAV) stock is a Hold with a £13.00 price target. To see the full list of analyst forecasts on finnCap Group plc stock, see the GB:CAV Stock Forecast page.
Spark’s Take on GB:CAV Stock
According to Spark, TipRanks’ AI Analyst, GB:CAV is a Neutral.
The overall stock score of 56 reflects a moderate outlook for Cavendish plc. The company’s financial performance shows signs of recovery, but inconsistent revenue growth and a high P/E ratio suggest caution. Positive corporate events and strategic growth initiatives provide a favorable long-term outlook, but technical indicators suggest limited short-term momentum.
To see Spark’s full report on GB:CAV stock, click here.
More about finnCap Group plc
Average Trading Volume: 482,900
Technical Sentiment Signal: Buy
Current Market Cap: £46.79M
See more data about CAV stock on TipRanks’ Stock Analysis page.