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Chapel Down Group plc ( (GB:CDGP) ) just unveiled an announcement.
Chapel Down Group plc announced that IPGL Limited, a person closely associated with Non-Executive Chair Michael Spencer, purchased 10,000 ordinary shares at 37.7 pence each, increasing its stake to 27.2% of the company’s issued share capital. This transaction highlights continued confidence in Chapel Down’s market position and strategic direction, potentially impacting investor sentiment positively.
The most recent analyst rating on (GB:CDGP) stock is a Hold with a £39.00 price target. To see the full list of analyst forecasts on Chapel Down Group plc stock, see the GB:CDGP Stock Forecast page.
Spark’s Take on GB:CDGP Stock
According to Spark, TipRanks’ AI Analyst, GB:CDGP is a Neutral.
Chapel Down Group plc’s overall stock score is primarily impacted by its mixed financial performance and weak technical indicators. The company’s declining profitability and liquidity issues are significant concerns. Additionally, the stock’s bearish trend and unattractive valuation further contribute to the low score.
To see Spark’s full report on GB:CDGP stock, click here.
More about Chapel Down Group plc
Chapel Down Group plc is England’s leading and largest winemaker, known for producing a range of award-winning sparkling and still wines. Based in Kent, Chapel Down is a prominent brand in the English wine industry and is involved in various partnerships with major sporting and cultural events. The company is committed to sustainability and is a founding member of Sustainable Wines of Great Britain.
Average Trading Volume: 41,609
Technical Sentiment Signal: Sell
Current Market Cap: £63.46M
For a thorough assessment of CDGP stock, go to TipRanks’ Stock Analysis page.