tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CT Automotive Group Plc Consolidates UK Office Address

Story Highlights
CT Automotive Group Plc Consolidates UK Office Address

TipRanks Black Friday Sale

An announcement from CT Automotive Group Plc ( (GB:CTA) ) is now available.

CT Automotive Group Plc has announced a change in its registered office address to Riverside Road, Sunderland, UK, as part of an internal administrative alignment. This consolidation of UK registered office addresses into a single location at the Sunderland facility reflects the company’s ongoing efforts to streamline operations and enhance administrative efficiency.

The most recent analyst rating on (GB:CTA) stock is a Hold with a £35.00 price target. To see the full list of analyst forecasts on CT Automotive Group Plc stock, see the GB:CTA Stock Forecast page.

Spark’s Take on GB:CTA Stock

According to Spark, TipRanks’ AI Analyst, GB:CTA is a Neutral.

The overall stock score of 61 reflects a combination of mixed financial performance and bearish technical indicators, offset by an attractive valuation. The company’s improving profitability and stable leverage are positive, but concerns about revenue and cash flow growth need to be addressed. The lack of earnings call data and corporate events limits additional insights.

To see Spark’s full report on GB:CTA stock, click here.

More about CT Automotive Group Plc

CT Automotive Group Plc is a leading designer, developer, and supplier of interior components for the global automotive industry. The company specializes in bespoke automotive interior finishes and kinematic assemblies, serving major OEMs and Tier One manufacturers worldwide. With headquarters in the UK and a low-cost manufacturing footprint in China, Mexico, and Türkiye, CT Automotive supplies high-quality parts at competitive prices to a diverse portfolio of customers, including luxury and electric vehicle brands.

Average Trading Volume: 89,668

Technical Sentiment Signal: Sell

Current Market Cap: £24.29M

For a thorough assessment of CTA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1