Convatec Group (CTEC)

Sector:

Health Care

Index:

FTSE 100

286.60p
   
  • Change Today:
      4.20p
  • 52 Week High: 293.40
  • 52 Week Low: 196.20
  • Currency: UK Pounds
  • Shares Issued: 2,049.79m
  • Volume: 2,291,434
  • Market Cap: £5,875m
  • RiskGrade: 96

Peel Hunt upgrades ConvaTec to 'buy'

By Michele Maatouk

Date: Thursday 06 May 2021

LONDON (ShareCast) - (Sharecast News) - Peel Hunt upgraded its stance on shares of medical device company ConvaTec on Thursday to 'buy' from 'add' and lifted the price target to 285p from 240p.
The broker cut its recommendation on the stock last summer. It said that since then, management has consistently outperformed its expectations, with consensus 12-month forward earnings per share having bottomed and now starting to rise.

"The recent 1Q21 trading update put to bed our lingering nervousness on the business mix," Peel Hunt said.

The broker upgraded its 2021 EPS estimate by 4%, putting it above the top end of company guidance and 7% above consensus.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CTEC Market Data

Currency UK Pounds
Share Price 286.60p
Change Today 4.20p
% Change 1.49 %
52 Week High 293.40
52 Week Low 196.20
Volume 2,291,434
Shares Issued 2,049.79m
Market Cap £5,875m
RiskGrade 96

CTEC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.02% below the market average98.02% below the market average98.02% below the market average98.02% below the market average98.02% below the market average
87.1% below the sector average87.1% below the sector average87.1% below the sector average87.1% below the sector average87.1% below the sector average
Price Trend
89.79% above the market average89.79% above the market average89.79% above the market average89.79% above the market average89.79% above the market average
83.78% above the sector average83.78% above the sector average83.78% above the sector average83.78% above the sector average83.78% above the sector average
Income
87.95% below the market average87.95% below the market average87.95% below the market average87.95% below the market average87.95% below the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Growth
34.71% below the market average34.71% below the market average34.71% below the market average34.71% below the market average34.71% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average

What The Brokers Say

Strong Buy 6
Buy 9
Neutral 4
Sell 0
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CTEC Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 17-Aug-23
Paid 23-May-24 28-Sep-23
Amount 4.46¢ 1.77¢

Trades for 23-Apr-2024

Time Volume / Share Price
16:35 1,329,335 @ 286.60p
16:35 2 @ 286.60p
16:35 3,200 @ 286.60p
16:35 2,251 @ 286.60p
16:35 20,812 @ 286.60p

CTEC Key Personnel

CEO Karim Bitar
Chair John McAdam
CFO Jonny Mason

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