C&C Group (OTCMKTS:CGPZF) Trading Up 2.4% – Should You Buy?

C&C Group plc (OTCMKTS:CGPZF)’s stock price rose 2.4% on Wednesday . The stock traded as high as $1.72 and last traded at $1.72. Approximately 3,000 shares traded hands during trading, a decline of 61% from the average daily volume of 7,727 shares. The stock had previously closed at $1.68.

Wall Street Analysts Forecast Growth

CGPZF has been the topic of a number of research reports. Royal Bank Of Canada assumed coverage on C&C Group in a report on Wednesday, September 24th. They issued a “sector perform” rating on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of C&C Group in a research report on Friday, August 15th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, C&C Group has a consensus rating of “Moderate Buy”.

C&C Group Trading Up 2.4%

The business has a 50-day moving average price of $1.89 and a two-hundred day moving average price of $2.09.

About C&C Group

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