Coleman,John Purchases 40,000 Shares of McBride plc (MCB) Stock
McBride plc (LON:MCB) insider Coleman,John purchased 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 21st. The stock was acquired at an average price of GBX 187 ($2.44) per share, for a total transaction of £74,800 ($97,637.38).
McBride plc (LON:MCB) traded down 1.34% during trading on Wednesday, hitting GBX 183.75. The stock had a trading volume of 358,523 shares. The stock’s market cap is GBX 334.79 million. The firm’s 50-day moving average price is GBX 167.15 and its 200-day moving average price is GBX 160.06. McBride plc has a 1-year low of GBX 127.00 and a 1-year high of GBX 188.48.
MCB has been the topic of a number of analyst reports. Numis Securities Ltd restated an “add” rating and issued a GBX 205 ($2.68) price target (up from GBX 191 ($2.49)) on shares of McBride plc in a research note on Monday, September 12th. Peel Hunt lifted their price objective on McBride plc from GBX 170 ($2.22) to GBX 185 ($2.41) and gave the stock an “add” rating in a report on Wednesday, September 7th. Liberum Capital reaffirmed a “buy” rating and set a GBX 215 ($2.81) price objective on shares of McBride plc in a report on Tuesday, July 5th. Investec lifted their price objective on McBride plc from GBX 204 ($2.66) to GBX 210 ($2.74) and gave the stock a “buy” rating in a report on Wednesday, September 7th. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 200 ($2.61) price objective on shares of McBride plc in a report on Monday, July 11th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of GBX 203 ($2.65).
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McBride plc Company Profile
McBride plc is a United Kingdom-based provider of private label household and personal care products. The Company is engaged in developing, producing and supplying its products to retailers across Europe. Its segments are United Kingdom, including the United Kingdom and Ireland; Western Europe, including France, Iberia, Benelux, Italy and Germany, and Rest of the World, including Poland, Czech Republic and Asia Pacific.
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