McBride plc (MCB) Earns Buy Rating from Investec
McBride plc (LON:MCB)‘s stock had its “buy” rating restated by Investec in a report released on Tuesday. They presently have a GBX 230 ($2.98) price objective on the stock. Investec’s target price would suggest a potential upside of 22.34% from the company’s previous close.
Several other brokerages also recently issued reports on MCB. Peel Hunt reissued an “add” rating and set a GBX 215 ($2.78) target price on shares of McBride plc in a research note on Tuesday. Liberum Capital reissued a “buy” rating and set a GBX 225 ($2.91) target price on shares of McBride plc in a research note on Thursday, July 6th. Finally, Panmure Gordon reissued a “buy” rating and set a GBX 220 ($2.85) target price on shares of McBride plc in a research note on Thursday, April 13th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 220.17 ($2.85).
McBride plc (LON:MCB) traded down 3.72% during trading on Tuesday, reaching GBX 181.00. The company’s stock had a trading volume of 292,047 shares. The firm’s market capitalization is GBX 329.60 million. The firm has a 50-day moving average price of GBX 192.95 and a 200-day moving average price of GBX 186.03. McBride plc has a 52 week low of GBX 146.00 and a 52 week high of GBX 207.25.
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McBride plc Company Profile
McBride plc is a 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 include Household, Personal Care & Aerosols (PCA) and Corporate. The Household segment consists of UK; North, including France, Belgium, Holland and Scandinavia; South, including Italy and Spain, and East, including Germany, Poland, Luxembourg and other Eastern Europe.
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