McBride plc (MCB) Posts Earnings Results, Meets Estimates
McBride plc (LON:MCB) announced its quarterly earnings data on Thursday. The company reported $0.13 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.13, reports. McBride plc had a net margin of 3.61% and a return on equity of 39.08%.
McBride plc (LON MCB) opened at 196.75 on Friday. The company’s market cap is GBX 358.28 million. The stock has a 50 day moving average of GBX 183.52 and a 200-day moving average of GBX 189.15. McBride plc has a 12 month low of GBX 158.31 and a 12 month high of GBX 207.25.
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Several brokerages have weighed in on MCB. Liberum Capital upped their price objective on shares of McBride plc from GBX 225 ($2.91) to GBX 235 ($3.03) and gave the stock a “buy” rating in a research note on Wednesday, July 12th. Peel Hunt reissued an “add” rating and set a GBX 215 ($2.78) price target on shares of McBride plc in a research note on Tuesday, July 11th. Numis Securities Ltd increased their price target on shares of McBride plc from GBX 211 ($2.73) to GBX 235 ($3.03) and gave the company a “buy” rating in a research note on Thursday. Finally, Investec reissued a “buy” rating and set a GBX 230 ($2.97) price target on shares of McBride plc in a research note on Tuesday, July 11th. Six equities research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average price target of GBX 225.83 ($2.92).
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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