Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from Character ( (GB:CCT) ).
Character Group PLC has executed a share buyback, purchasing 5,000 of its ordinary shares at a price of 262.5 pence per share, as part of its ongoing buyback programme. This move reduces the number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s confidence in its financial health. The repurchased shares have been cancelled, and the total voting rights now stand at 17,733,499, impacting shareholder calculations under FCA rules.
The most recent analyst rating on (GB:CCT) stock is a Hold with a £312.00 price target. To see the full list of analyst forecasts on Character stock, see the GB:CCT Stock Forecast page.
Spark’s Take on GB:CCT Stock
According to Spark, TipRanks’ AI Analyst, GB:CCT is a Neutral.
Character’s stock is supported by strong financial performance and attractive valuation metrics, including a low P/E ratio and high dividend yield. However, technical indicators suggest bearish momentum, which could pose short-term risks. The absence of recent earnings call insights or notable corporate events means these factors do not influence the score.
To see Spark’s full report on GB:CCT stock, click here.
More about Character
Character Group PLC operates in the toy industry, focusing on the design, development, and international distribution of toys, games, and giftware. The company is known for its innovative products and holds a significant position in the market, catering to a diverse range of consumer preferences.
Average Trading Volume: 16,976
Technical Sentiment Signal: Strong Sell
Current Market Cap: £46.47M
For a thorough assessment of CCT stock, go to TipRanks’ Stock Analysis page.