Page 2 - Lon Ctec News Today

ConvaTec Group Plc (LON:CTEC – Get Rating) has been given an average rating of “Buy” by the eight brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have issued a buy recommendation on the company. The average […]

ConvaTec Group Plc (LON:CTEC – Get Rating) has earned a consensus rating of “Hold” from the eight analysts that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and five have issued a buy recommendation on the company. The […]

Shares of ConvaTec Group Plc (LON:CTEC – Get Rating) have earned a consensus recommendation of “Hold” from the eight brokerages that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. […]

Berenberg Bank initiated coverage on shares of ConvaTec Group (LON:CTEC – Get Rating) in a research report report published on Wednesday, Marketbeat reports. The firm issued a buy rating and a GBX 250 ($3.25) price target on the stock. A number of other brokerages have also issued reports on CTEC. Barclays reduced their target price […]

ConvaTec Group Plc (LON:CTEC – Get Rating) declared a dividend on Tuesday, March 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, March 31st will be given a dividend of GBX 3.16 ($0.04) per share on Thursday, May 19th. This represents a dividend yield of 1.81%. The ex-dividend date is Thursday, March 31st. This is an […]

29 April 2021 | 07:47am StockMarketWire.com - medical technology company Convatec reported an 8.7% rise in revenue in the first quarter, led by strong growth in its advanced wound care and infusion care business. For the three months ended March 2021, revenue rose 8.7% to $500 million year-on-year. Advanced Wound Care revenue was up 8.8% on a reported basis, while Ostomy Care, its second largest business was up 6.7%. Infusion Care revenue increased 13.9%, and continence & critical care reven...

5 March 2021 | 08:15am StockMarketWire.com - Medical products maker ConvaTec reported a rise in annual profit on higher revenue and margins . For the year ended 31 December 2020, pre-tax profit rose to $174.7 million from $8.9 million year-on-year as revenue rose 3.7% to $1,894.3 million. Gross margin grew to 59.5% from 59%, while earnings before interest and tax fell 1.1% to $350 million. The company proposed a dividend of 3.983 cents to take full-year dividend to 5.7 cents, in line with the p...

FTSE 100 finishes lower as strong US jobs report adds to inflation concerns

5 March 2021 | 12:00pm StockMarketWire.com - The FTSE 100 was back in positive territory by lunchtime helped by oil price driven strength in the energy sector and a slump in sterling. At midday the index was up 0.4% to 6,675.18. US futures pointed to a flat open on Wall Street, after yesterdays heavy selling, with the monthly US jobs report in focus. UK bourse operator London Stock Exchange has tumbled 9.4% to £86.00 after it reported an increase in annual profit on higher revenue in its infor...