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James Cropper plc Corrects Shareholding Announcement

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James Cropper plc Corrects Shareholding Announcement

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James Cropper ( (GB:CRPR) ) has issued an announcement.

James Cropper plc, a company involved in the paper and advanced materials industry, has announced a correction to a previous statement regarding shareholdings. The correction involves the accurate naming of a person closely associated with Mark Cropper, the Non-Executive Chair. The company disclosed that Mark Cropper transferred a total of 147,384 ordinary shares to his sons, James and Jem Cropper, with some shares transferred at a price of £3.18 each and others for nil consideration. This transfer impacts the shareholding distribution within the Cropper family and slightly adjusts the beneficial ownership percentages of the involved parties.

The most recent analyst rating on (GB:CRPR) stock is a Hold with a £298.00 price target. To see the full list of analyst forecasts on James Cropper stock, see the GB:CRPR Stock Forecast page.

Spark’s Take on GB:CRPR Stock

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

James Cropper’s overall stock score is primarily influenced by its financial performance and technical analysis. The company’s strong cash flow growth is a positive sign, but profitability challenges and high leverage weigh heavily. Technical indicators suggest potential upward momentum, but valuation remains a concern due to negative earnings.

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

More about James Cropper

Average Trading Volume: 6,280

Technical Sentiment Signal: Sell

Current Market Cap: £28.19M

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

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