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The Conygar Investment ( (GB:CIC) ) just unveiled an update.
Conygar Investment Company PLC has partnered with Rhubarb Hospitality Collection to manage food, beverage, and events at The Island Quarter, Nottingham. This ten-year agreement is expected to be cashflow neutral initially, with potential cost savings and aims to elevate the venue’s status in the East Midlands through RHC’s expertise.
The most recent analyst rating on (GB:CIC) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on The Conygar Investment stock, see the GB:CIC Stock Forecast page.
Spark’s Take on GB:CIC Stock
According to Spark, TipRanks’ AI Analyst, GB:CIC is a Neutral.
The overall stock score reflects significant financial challenges and negative technical indicators. Valuation concerns further weigh on the score, with a negative P/E ratio and no dividend yield. However, recent corporate efforts to restructure operations and manage debt provide a glimmer of potential improvement.
To see Spark’s full report on GB:CIC stock, click here.
More about The Conygar Investment
The Conygar Investment Company PLC operates in the investment sector, focusing on property development and management. It aims to create value through strategic partnerships and innovative projects, with a market focus on enhancing property assets.
Average Trading Volume: 26,840
Technical Sentiment Signal: Sell
Current Market Cap: £16.7M
For an in-depth examination of CIC stock, go to TipRanks’ Overview page.