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Centaur Media ( (GB:CAU) ) has shared an update.
Centaur Media PLC has completed the sale of Thelawyer.com Limited to Lighthouse Bidco Limited for £43 million. The proceeds from this transaction, along with funds from previous disposals, will be used to return capital to shareholders, with further details to be announced after consulting with shareholders.
The most recent analyst rating on (GB:CAU) stock is a Hold with a £34.00 price target. To see the full list of analyst forecasts on Centaur Media stock, see the GB:CAU Stock Forecast page.
Spark’s Take on GB:CAU Stock
According to Spark, TipRanks’ AI Analyst, GB:CAU is a Neutral.
The overall stock score is primarily driven by positive corporate events and a stable technical outlook. Financial performance remains a concern due to declining revenues and profitability. Valuation metrics are mixed with a negative P/E ratio but a high dividend yield.
To see Spark’s full report on GB:CAU stock, click here.
More about Centaur Media
Centaur Media PLC is a company based in England and Wales, known for its focus on providing business information, events, and marketing solutions. The company operates in various sectors, including legal, financial, and marketing services, with a market focus on delivering insights and analytics to professionals and businesses.
Average Trading Volume: 330,997
Technical Sentiment Signal: Buy
Current Market Cap: £60.86M
For an in-depth examination of CAU stock, go to TipRanks’ Overview page.