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CVS Group plc ( (GB:CVSG) ) has shared an update.
CVS Group plc, a leading UK-listed veterinary services provider, announced that employees have exercised options under the 2023 and 2024 SAYE Plans, resulting in the issuance of 390 new ordinary shares. These shares have been admitted to the London Stock Exchange, contributing to a total issued share capital of 71,595,964 ordinary shares. This update is significant for shareholders as it affects the total voting rights and may influence their notification requirements under the FCA’s rules.
The most recent analyst rating on (GB:CVSG) stock is a Hold with a £1420.00 price target. To see the full list of analyst forecasts on CVS Group plc stock, see the GB:CVSG Stock Forecast page.
Spark’s Take on GB:CVSG Stock
According to Spark, TipRanks’ AI Analyst, GB:CVSG is a Neutral.
CVS Group plc’s overall stock score reflects a mixed outlook. Financial performance is strong in revenue growth but challenged by profitability issues. Technical indicators show short-term bearish trends, and valuation suggests overvaluation. However, positive corporate events and strategic moves support long-term growth prospects.
To see Spark’s full report on GB:CVSG stock, click here.
More about CVS Group plc
CVS Group plc is an AIM-listed provider of veterinary services with operations in the UK and Australia. The company focuses on delivering high-quality clinical services through its extensive network of approximately 470 veterinary practices, including specialist referral hospitals and out-of-hours sites. Additionally, CVS operates diagnostic laboratories and an online retail business, Animed Direct. The group employs around 8,900 personnel, including 2,400 veterinary surgeons and 3,300 nurses.
Average Trading Volume: 304,257
Technical Sentiment Signal: Buy
Current Market Cap: £911.1M
For detailed information about CVSG stock, go to TipRanks’ Stock Analysis page.