C&C Group Plc with ticker (LON:CCR) now has a potential upside of 18.2% according to Berenberg Bank.
Berenberg Bank set a target price of 292 GBX for the company, which when compared to the C&C Group Plc share price of 239 GBX at opening today (12/01/2022) indicates a potential upside of 18.2%. Trading has ranged between 203 (52 week low) and 305 (52 week high) with an average of 830,426 shares exchanging hands daily. The market capitalisation at the time of writing is £887,273,504.
C&C Group PLC is a drinks company. The Company manufactures, markets and distributes branded beer, cider, wine, spirits and soft drinks across the United Kingdom (UK) and Ireland. Its segments include Ireland, Great Britain, International and Matthew Clark and Bibendum (MCB). The Ireland segment is engaged in the sale of branded products on the Island of Ireland. Great Britain segment includes the sale of branded products in Scotland, England and Wales. International segment includes the sale of cider and beer products in all territories outside of Ireland and Great Britain. The MCB segment includes the Matthew Clark and Bibendum businesses. Matthew Clark is an independent distributor to the UK on-trade drinks sector. Bibendum is a wine, spirits and craft beer distributor and wholesaler to the UK on-trade and off-trade, with a particular focus on wine.
C&C Group Plc 18.2% potential upside indicated by Berenberg Bank
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- Written by: Anthony Fox
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