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C&C Group Plc ( (GB:CCR) ) has shared an update.
C&C Group Plc announced that its Chief Marketing Officer, Cara Chambers, and Chief Commercial Officer, Barry Sheehan, have participated in the company’s Share Incentive Plan and Revenue Approved Profit-Sharing Scheme by purchasing shares. These transactions, conducted on the London Stock Exchange, involve the acquisition of both Partnership and Contributory Shares, matched by the company with additional shares. This move reflects the company’s commitment to aligning managerial interests with shareholder value and could enhance stakeholder confidence in the company’s governance practices.
The most recent analyst rating on (GB:CCR) stock is a Buy with a £197.00 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 overall stock score is driven by strong technical momentum and a positive corporate event strategy, particularly the share buyback program. While the financial performance shows stability and recovery, the high P/E ratio suggests caution. The attractive dividend yield provides a buffer against valuation concerns.
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: 781,940
Technical Sentiment Signal: Buy
Current Market Cap: £610.7M
Find detailed analytics on CCR stock on TipRanks’ Stock Analysis page.