RE: Feb 2020 sp here was around £32 per share...20 Jul 2022 12:26
Agree to a degree - although I would be tempted to be a bit more optimistic given the comparison against 6 months ago, where CCL have since increased revenue by over 50%, capacity returning to normal, Cov19 requirements being dropped, debt being managed, and a reduction in fuel price - I could see no reason for this being below £11 this year, with a return to £15-16 by Q2 next year. Realistically I doubt we'll venture into the 30's territory, seeing high teens/early 20's within 4 years would be likely.