Liberum Capital Reaffirms “Buy” Rating for McBride plc (MCB)
McBride plc (LON:MCB)‘s stock had its “buy” rating reissued by equities researchers at Liberum Capital in a note issued to investors on Thursday. They currently have a GBX 235 ($3.03) target price on the stock. Liberum Capital’s price target suggests a potential upside of 19.44% from the company’s current price.
A number of other brokerages have also issued reports on MCB. Peel Hunt upped their target price on shares of McBride plc from GBX 205 ($2.65) to GBX 215 ($2.78) and gave the stock an “add” rating in a research report on Tuesday, June 27th. 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 investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of GBX 225.83 ($2.92).
Shares of McBride plc (LON MCB) traded up 0.77% during midday trading on Thursday, hitting GBX 196.75. 22,878 shares of the company were exchanged. The stock’s 50-day moving average is GBX 183.52 and its 200-day moving average is GBX 189.15. The stock’s market cap is GBX 358.28 million. McBride plc has a one year low of GBX 158.31 and a one year high of GBX 207.25.
McBride plc (LON:MCB) last announced its earnings results on Thursday, September 7th. The company reported $0.13 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.13. McBride plc had a net margin of 3.61% and a return on equity of 39.08%. Equities research analysts anticipate that McBride plc will post $13.50 EPS for the current year.
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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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