C&C Group plc (LON:CCR) Insider Purchases £125.84 in Stock

C&C Group plc (LON:CCR – Get Rating) insider Patrick McMahon purchased 88 shares of the firm’s stock in a transaction dated Wednesday, March 15th. The stock was acquired at an average cost of GBX 143 ($1.74) per share, for a total transaction of £125.84 ($153.37).

Patrick McMahon also recently made the following trade(s):

• On Wednesday, February 15th, Patrick McMahon acquired 83 shares of C&C Group stock. The stock was purchased at an average price of GBX 154 ($1.88) per share, for a total transaction of £127.82 ($155.78).
• On Monday, January 16th, Patrick McMahon purchased 76 shares of C&C Group stock. The stock was purchased at an average price of GBX 167 ($2.04) per share, with a total value of £126.92 ($154.69).

C&C Group Stock Up 0.2 %

Shares of LON:CCR opened at £145.30 ($177.09) on Friday. The stock has a 50-day simple moving average of GBX 4,015.29 and a 200-day simple moving average of GBX 1,513.20. C&C Group plc has a 1 year low of GBX 138.70 ($1.69) and a 1 year high of GBX 223.80 ($2.73). The company has a debt-to-equity ratio of 42.42, a quick ratio of 0.80 and a current ratio of 1.20. The stock has a market capitalization of £57.10 billion, a P/E ratio of 96,866.67, a PEG ratio of 5.61 and a beta of 1.43.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on CCR shares. Shore Capital restated a “buy” rating on shares of C&C Group in a research report on Tuesday, March 7th. Barclays dropped their price objective on shares of C&C Group from GBX 230 ($2.80) to GBX 200 ($2.44) and set an “overweight” rating on the stock in a research note on Monday, January 16th.

C&C Group Company Profile

(Get Rating)

C&C Group plc manufactures, markets, and distributes cider, beer, 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.