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Premier Miton Group Increases Stake in Capital Limited

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Premier Miton Group Increases Stake in Capital Limited

Confident Investing Starts Here:

Capital Drilling ( (GB:CAPD) ) has provided an announcement.

Capital Limited, a company involved in the acquisition or disposal of voting rights, has reported a change in its major holdings. Premier Miton Group plc, based in Guildford, UK, has increased its voting rights in Capital Limited from 4.943105% to 5.212932%, crossing a significant threshold. This adjustment in holdings could influence the company’s decision-making processes and potentially impact its market positioning.

The most recent analyst rating on (GB:CAPD) stock is a Buy with a £145.00 price target. To see the full list of analyst forecasts on Capital Drilling stock, see the GB:CAPD Stock Forecast page.

Spark’s Take on GB:CAPD Stock

According to Spark, TipRanks’ AI Analyst, GB:CAPD is a Outperform.

Capital Drilling demonstrates solid financial health and is potentially undervalued, with a strong dividend yield adding to its appeal. Positive technical indicators and recent strategic contracts further enhance its prospects, although there are challenges in profitability margins and executive changes.

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

More about Capital Drilling

Average Trading Volume: 405,140

Technical Sentiment Signal: Hold

Current Market Cap: £139.3M

See more insights into CAPD stock on TipRanks’ Stock Analysis page.

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