C&C Group’s (CCR) “Buy” Rating Reaffirmed at Shore Capital Group

C&C Group (LON:CCR)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital Group in a research report issued on Tuesday,Digital Look reports.

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

C&C Group Trading Up 1.7%

Shares of LON:CCR opened at GBX 110.80 on Tuesday. C&C Group has a 52-week low of GBX 101.20 and a 52-week high of GBX 184.59. The company has a market capitalization of £408.11 million, a P/E ratio of 20.15, a price-to-earnings-growth ratio of 5.61 and a beta of 0.58. The company has a 50-day simple moving average of GBX 114.65 and a 200 day simple moving average of GBX 121.79. The company has a debt-to-equity ratio of 68.14, a quick ratio of 0.80 and a current ratio of 1.11.

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.