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Centaur Media ( (GB:CAU) ) has provided an announcement.
Centaur Media PLC has announced the sale of its Marketing Week and Creative Review operations to Haymarket Media Group Limited for £3.9 million. This transaction is part of Centaur’s strategic review to enhance shareholder value, following the recent sales of MiniMBA and The Lawyer. The proceeds from these sales are intended to be returned to shareholders, and the company is restructuring its support functions to align with its downsized operations.
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 operates in the media industry, focusing on providing business information, events, and marketing services. The company’s primary products and services include Econsultancy and The Influencer Group, which consists of Influencer Intelligence and Fashion & Beauty Monitor brands. Centaur Media is actively restructuring to maximize shareholder value and streamline its operations.
Average Trading Volume: 354,047
Technical Sentiment Signal: Buy
Current Market Cap: £57.24M
Find detailed analytics on CAU stock on TipRanks’ Stock Analysis page.