ConvaTec stock gains 1.99 percent as targets stay above GBp 300
Published on 09/29/2026 at 11:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ConvaTec stock (ISIN GB00BD3VFW73) was trading at EUR 2.56 at Lang & Schwarz on September 29, 2026 at 11:20 a.m. CEST, up 1.99 percent from the prior close of EUR 2.51. The move comes as analysts maintain a positive view, with an average 12-month target of GBp 305.44 highlighted by MarketBeat on September 28, 2026.
Analysts keep targets above GBp 300
The consensus covers nine brokers, including eight buy ratings and one hold rating. Recent targets range from GBp 270 to GBp 335, giving the stock a wide valuation spread around the consensus figure.
MarketBeat reported that Berenberg reduced its target from GBp 340 to GBp 335 on September 11, 2026, while retaining a buy rating. The cut is a counterweight to the broader positive consensus and leaves the new target GBp 130.86 above the Lang & Schwarz price after currency and venue differences are kept separate.
Buyback supports capital returns
ConvaTec is a medical products and technologies group focused on chronic-condition care, including wound care, ostomy care, continence and critical care. Its capital-return strategy includes a buyback program of up to USD 200 million.
According to The Globe and Mail on September 8, 2026, the company had 114,702,844 shares in treasury and 1,935,086,715 ordinary shares in issue. Those figures give investors a concrete measure of the buyback's effect on the free float and voting structure.
ConvaTec stock stays below yearly high
On the London Stock Exchange, CTEC had a 52-week range of GBp 193.00 to GBp 259.30 on September 29, 2026, while its market capitalization was GBP 4.3 billion. The current euro quotation and the London share price use different venues and currencies, so they are not combined into one return figure.
ConvaTec stock was trading at EUR 2.56 at Lang & Schwarz on September 29, 2026 at 11:20 a.m. CEST. The daily change was plus 1.99 percent versus the Lang & Schwarz prior close of EUR 2.51 on September 28, 2026.
ConvaTec stock facts
- Company: ConvaTec Group Plc
- ISIN: GB00BD3VFW73
- Ticker: CTEC
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz (as of September 29, 2026, 11:20 a.m. CEST): EUR 2.56
- Change versus prior close: plus 1.99 percent
- Prior close Lang & Schwarz (September 28, 2026): EUR 2.51
- Market capitalization: GBP 4.3 billion (as of September 29, 2026)
- 52-week range: GBp 193.00-259.30 (as of September 29, 2026)
- Sector / Industry: Healthcare / medical devices
