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An announcement from C&C Group Plc ( (GB:CCR) ) is now available.
C&C Group Plc announced that its senior executives, Cara Chambers and Barry Sheehan, have purchased shares through the company’s Share Incentive Plan and Profit-Sharing Scheme. This move reflects the company’s commitment to aligning the interests of its management with those of its shareholders, potentially enhancing stakeholder confidence and reinforcing the company’s market position.
The most recent analyst rating on (GB:CCR) stock is a Buy with a £1.80 price target. To see the full list of analyst forecasts on C&C Group Plc stock, see the GB:CCR Stock Forecast page.
Spark’s Take on GB:CCR Stock
According to Spark, TipRanks’ AI Analyst, GB:CCR is a Outperform.
C&C Group Plc’s stock is supported by strong technical momentum and positive corporate events, particularly the share buyback program. However, the high P/E ratio and modest financial performance highlight potential risks.
To see Spark’s full report on GB:CCR stock, click here.
More about C&C Group Plc
C&C Group Plc operates in the beverage industry, primarily focusing on the production and distribution of alcoholic drinks. The company is known for its cider and beer products and has a significant market presence in the UK and Ireland.
Average Trading Volume: 853,297
Technical Sentiment Signal: Buy
Current Market Cap: £628.9M
For a thorough assessment of CCR stock, go to TipRanks’ Stock Analysis page.