tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Convatec Announces New CEO and CFO to Drive Growth

Story Highlights
Convatec Announces New CEO and CFO to Drive Growth

Meet Your ETF AI Analyst

ConvaTec ( (GB:CTEC) ) has provided an announcement.

Convatec Group PLC has announced the appointments of Jonny Mason as Chief Executive Officer and Fiona Ryder as Chief Financial Officer. These leadership changes reflect the company’s commitment to building on its recent successful transformation and continuing its focus on innovation and growth. Jonny Mason, who has been with Convatec since 2022, is recognized for his leadership in the company’s turnaround and is expected to drive further growth. Fiona Ryder, with her extensive experience in global finance, will continue to support the company’s strategic goals. These appointments are anticipated to strengthen Convatec’s market position and enhance value for stakeholders.

The most recent analyst rating on (GB:CTEC) stock is a Buy with a £340.00 price target. To see the full list of analyst forecasts on ConvaTec stock, see the GB:CTEC Stock Forecast page.

Spark’s Take on GB:CTEC Stock

According to Spark, TipRanks’ AI Analyst, GB:CTEC is a Outperform.

ConvaTec’s overall stock score is driven primarily by its strong financial performance, characterized by consistent revenue growth and solid profitability. Technical analysis indicates a moderate upward trend, although valuation metrics suggest the stock may be overvalued. The absence of earnings call insights and corporate events limits additional context.

To see Spark’s full report on GB:CTEC stock, click here.

More about ConvaTec

Convatec is a global medical products and technologies company specializing in solutions for managing chronic conditions. It holds leading positions in Advanced Wound Care, Ostomy Care, Continence Care, and Infusion Care, providing products and services in approximately 90 countries. The company is part of the FTSE 100 Index and reported revenues exceeding $2 billion in 2024.

Average Trading Volume: 7,323,708

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.85B

Find detailed analytics on CTEC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1