Shares of C&C Group plc (LON:CCR – Get Free Report) traded down 9.3% during mid-day trading on Friday . The stock traded as low as GBX 105.20 and last traded at GBX 116.65. 2,543,067 shares traded hands during trading, an increase of 237% from the average session volume of 754,543 shares. The stock had previously closed at GBX 128.60.
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a “buy” rating on shares of C&C Group in a report on Tuesday, October 28th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.
Check Out Our Latest Research Report on C&C Group
C&C Group Trading Down 9.3%
About C&C Group
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.
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