Shore Capital Stockbrokers Reiterates Hold Rating for McBride (MCB)
McBride (LON:MCB)‘s stock had its “hold” rating reaffirmed by stock analysts at Shore Capital Stockbrokers in a report issued on Monday, Stock Ratings Network reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “buy” rating on shares of McBride in a research note to investors on Tuesday, September 17th. They now have a GBX 141 ($2.25) price target on the stock. Separately, analysts at Numis Securities Ltd downgraded shares of McBride from an “add” rating to a “hold” rating in a research note to investors on Friday, September 6th. They now have a GBX 132 ($2.11) price target on the stock, down previously from GBX 140 ($2.23). Two analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 137.26 ($2.19).
McBride (LON:MCB) traded down 3.47% during mid-day trading on Monday, hitting GBX 118.25. 34,571 shares of the company’s stock traded hands. McBride has a 52-week low of GBX 99.50 and a 52-week high of GBX 147.75. The stock has a 50-day moving average of GBX 125.4 and a 200-day moving average of GBX 119.0. The company’s market cap is £215.4 million.
McBride plc is engaged in the production, distribution and sale of private label household and personal care products to retailers mainly in the United Kingdom and Continental Europe.
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