McBride plc (MCB) Rating Reiterated by Liberum Capital
McBride plc (LON:MCB)‘s stock had its “buy” rating reiterated by research analysts at Liberum Capital in a research note issued to investors on Monday. They presently have a GBX 215 ($2.81) target price on the stock. Liberum Capital’s price objective points to a potential upside of 13.91% from the company’s current price.
A number of other research firms have also commented on MCB. 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 report on Monday, September 12th. Peel Hunt boosted their price target on shares of McBride plc from GBX 170 ($2.22) to GBX 185 ($2.41) and gave the company an “add” rating in a research report on Wednesday, September 7th. Investec boosted their price target on shares of McBride plc from GBX 204 ($2.66) to GBX 210 ($2.74) and gave the company a “buy” rating in a research report on Wednesday, September 7th. Finally, Panmure Gordon restated a “buy” rating and issued a GBX 200 ($2.61) price target on shares of McBride plc in a research report on Monday, July 11th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. McBride plc presently has an average rating of “Buy” and a consensus target price of GBX 203 ($2.65).
McBride plc (LON:MCB) opened at 188.796 on Monday. The firm’s 50-day moving average is GBX 174.68 and its 200 day moving average is GBX 161.89. The stock’s market capitalization is GBX 344.00 million. McBride plc has a 52-week low of GBX 127.00 and a 52-week high of GBX 194.75.
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In related news, insider Smith,Christopher Ian Charles bought 5,802 shares of McBride plc stock in a transaction dated Wednesday, September 7th. The shares were bought at an average cost of GBX 172 ($2.25) per share, for a total transaction of £9,979.44 ($13,026.29). Also, insider Vos ,Rik De acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, September 8th. The stock was acquired at an average price of GBX 175 ($2.28) per share, for a total transaction of £17,500 ($22,842.97).
About McBride plc
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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