Chesnara PLC Announces £140 Million Rights Issue
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Chesnara PLC has announced a £140 million rights issue, approved by the FCA, aimed at strengthening its capital base and supporting strategic growth initiatives. The latest analyst rating for Chesnara stock (GB:CSN) is a Buy with a price target of £320.00, although TipRanks’ AI Analyst rates it as Neutral due to potential overbought conditions. Chesnara operates in the financial services sector, focusing on life insurance and pension management, with a current market cap of £454.9 million.
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