Shore Capital reissued their buy rating on shares of C&C Group (LON:CCR – Free Report) in a research report report published on Thursday, MarketBeat reports.
Separately, Deutsche Bank Aktiengesellschaft reiterated a buy rating and set a GBX 185 ($2.36) price target on shares of C&C Group in a report on Monday, June 10th.
Read Our Latest Stock Report on CCR
C&C Group Price Performance
C&C Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, August 23rd. Investors of record on Thursday, July 18th will be issued a dividend of €0.04 ($0.04) per share. This represents a yield of 2%. The ex-dividend date is Thursday, July 18th. This is an increase from C&C Group’s previous dividend of $0.02. C&C Group’s payout ratio is currently -2,000.00%.
Insider Buying and Selling at C&C Group
In other C&C Group news, insider Ralph Findlay bought 44,151 shares of the firm’s stock in a transaction that occurred on Monday, July 22nd. The stock was bought at an average price of GBX 157 ($2.00) per share, for a total transaction of £69,317.07 ($88,504.94). 3.36% of the stock is currently owned by corporate insiders.
C&C Group Company Profile
C&C Group plc manufactures, markets, and distributes beer, cider, wine, spirits, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, 5 Lamps, Fête, Blackthorn, Seven Summits, Dowd's Lane, Chaplin & Cork's, Celedonia Best, and Addlestones brand name.
Read More
- Five stocks we like better than C&C Group
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- This Small Cap Wealth Management Stock Could Provide Big Returns
- How Can Investors Benefit From After-Hours Trading
- Bumble’s Valuation Hits an All-Time Low, Can Its Fortunes Change?
- How to Use Stock Screeners to Find Stocks
- MarketBeat Week in Review – 8/12 – 8/16
Receive News & Ratings for C&C Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C&C Group and related companies with MarketBeat.com's FREE daily email newsletter.