TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
C&C Group Plc ( (GB:CCR) ) just unveiled an announcement.
C&C Group Plc announced that Cara Chambers, the Chief Marketing Officer, purchased 39 Partnership Shares through the company’s Share Incentive Plan, with an equal number of Matching Shares awarded by the company. This transaction, conducted on the London Stock Exchange, reflects the company’s commitment to employee investment and engagement, potentially enhancing stakeholder confidence in C&C’s management practices.
The most recent analyst rating on (GB:CCR) stock is a Hold with a £144.00 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 Neutral.
C&C Group Plc’s overall score reflects a cautious optimism driven by improved financial performance and strategic initiatives highlighted in the earnings call. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation. The attractive dividend yield provides some offsetting value.
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 brands, catering to markets in the UK and Ireland.
Average Trading Volume: 721,943
Technical Sentiment Signal: Strong Sell
Current Market Cap: £481.8M
See more data about CCR stock on TipRanks’ Stock Analysis page.