C&C Group (LON:CCR) Earns “Buy” Rating from Shore Capital

C&C Group (LON:CCR)‘s stock had its “buy” rating reiterated by stock analysts at Shore Capital in a research note issued to investors on Thursday, MarketBeat reports.

Separately, Royal Bank Of Canada lowered their price target on C&C Group from GBX 160 to GBX 130 and set a “sector perform” rating on the stock in a research report on Thursday, January 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 130.

C&C Group Stock Performance

Shares of C&C Group stock traded up GBX 2.92 during trading on Thursday, hitting GBX 112.72. 290,805 shares of the stock were exchanged, compared to its average volume of 5,221,521. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 56.01. The company has a fifty day moving average price of GBX 127.25 and a 200-day moving average price of GBX 144.43. The stock has a market capitalization of £415.18 million, a price-to-earnings ratio of 20.49, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26. C&C Group has a 1-year low of GBX 105.20 and a 1-year high of GBX 184.59.

C&C Group Company Profile

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. C&C exports its Magners and Tennent’s brands to over 40 countries worldwide.

C&C Group has owned brand and contract manufacturing/packing operations in CoTipperary, Ireland and Glasgow, Scotland.

C&C is the No.1 drinks distributor to the UK and Ireland hospitality sectors.