Numis Securities Ltd Reiterates Buy Rating for McColl's Retail Group PLC (MCLS)
McColl's Retail Group PLC (LON:MCLS)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued to clients and investors on Tuesday. They currently have a GBX 210 ($2.74) price objective on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 25.75% from the company’s previous close.
Separately, Beaufort Securities restated a “hold” rating on shares of McColl's Retail Group PLC in a research note on Friday, September 2nd.
Shares of McColl's Retail Group PLC (LON:MCLS) opened at 172.165 on Tuesday. The company’s 50-day moving average is GBX 166.99 and its 200-day moving average is GBX 156.26. The company’s market capitalization is GBX 180.28 million. McColl's Retail Group PLC has a 12-month low of GBX 126.00 and a 12-month high of GBX 178.00.
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The business also recently disclosed a dividend, which was paid on Friday, September 9th. Stockholders of record on Thursday, August 11th were given a dividend of GBX 3.40 ($0.04) per share. This represents a dividend yield of 2.33%. The ex-dividend date was Thursday, August 11th.
About McColl's Retail Group PLC
McColl’s Retail Group plc is a United Kingdom-based retailer. The Company operates through the operation of convenience and newsagent stores segment. The Company has a network of approximately 1,350 convenience stores and newsagents. It operates over 890 McColl’s branded convenience stores, and approximately 460 newsagents under brands, including Martin’s and RS McColl.
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