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C&C Group (LON:CCR) Given "Buy" Rating at Shore Capital

C&C Group logo with Consumer Defensive background

Key Points

  • Shore Capital has restated its "buy" rating on C&C Group, indicating confidence in the company's future performance.
  • C&C Group's stock opened at GBX 150.60, with a market cap of £554.71 million and notable ratios indicating moderate liquidity and high valuation.
  • The company is known for its portfolio of popular brands, including Bulmers and Tennent's, positioning it strongly in the UK and Ireland’s premium drinks market.
  • MarketBeat previews top five stocks to own in October.

C&C Group (LON:CCR - Get Free Report)'s stock had its "buy" rating reiterated by analysts at Shore Capital in a research report issued to clients and investors on Thursday, MarketBeat reports.

C&C Group Price Performance

Shares of CCR traded down GBX 4.74 during midday trading on Thursday, reaching GBX 146. The stock had a trading volume of 411,788 shares, compared to its average volume of 1,172,604. The company has a debt-to-equity ratio of 56.01, a current ratio of 1.16 and a quick ratio of 0.80. The company has a market capitalization of £537.77 million, a P/E ratio of 4,171.43, a P/E/G ratio of 5.61 and a beta of 1.26. The firm's 50 day moving average price is GBX 172.49 and its 200-day moving average price is GBX 155.56. C&C Group has a 52 week low of GBX 115.20 and a 52 week high of GBX 184.59.

About C&C Group

(Get Free Report)

C&C Group plc is a leading, vertically integrated premium drinks company which manufactures, markets and distributes branded beer, cider, wine, spirits, and soft drinks across the UK and Ireland. C&C Group's portfolio of owned/exclusive brands include Bulmers, the leading Irish cider brand and Tennent's, the leading Scottish beer brand; as well as a range of fast-growing, premium and craft ciders and beers, such as Heverlee, Menabrea, Five Lamps and Orchard Pig.

Further Reading

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