McColl's Retail Group PLC Earns “Buy” Rating from Numis Securities Ltd (MCLS)
McColl's Retail Group PLC (LON:MCLS)‘s stock had its “buy” rating reissued by equities researchers at Numis Securities Ltd in a research report issued on Wednesday. They currently have a GBX 220 ($3.64) price objective on the stock. Numis Securities Ltd’s price target suggests a potential upside of 15.18% from the stock’s previous close.
Separately, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of McColl's Retail Group PLC in a research note on Wednesday, July 23rd.
McColl's Retail Group PLC (LON:MCLS) opened at 195.55 on Wednesday. McColl's Retail Group PLC has a one year low of GBX 155.42 and a one year high of GBX 195.312. The stock’s 50-day moving average is GBX 179.3 and its 200-day moving average is GBX 175.0. The company’s market cap is £204.8 million.
The company also recently declared a dividend, which is scheduled for Friday, August 29th. Stockholders of record on Wednesday, July 30th will be given a dividend of GBX 1.70 ($0.03) per share. This represents a yield of 1%. The ex-dividend date of this dividend is Wednesday, July 30th.
McColl’s Retail Group PLC is a neighbourhood retailer running convenience and newsagent stores. The Company operates in two sectors: the convenience sector and the newsagent sector.
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