McBride plc (MCB) Receives Average Rating of “Buy” from Analysts
Shares of McBride plc (LON:MCB) have earned an average rating of “Buy” from the six research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 237.50 ($3.13).
MCB has been the subject of a number of research reports. Liberum Capital reissued a “buy” rating and issued a GBX 225 ($2.97) price target on shares of McBride plc in a research report on Thursday, July 6th. Peel Hunt reissued an “add” rating and issued a GBX 215 ($2.84) price target on shares of McBride plc in a research report on Tuesday, July 11th. Investec reissued a “buy” rating and issued a GBX 230 ($3.04) price target on shares of McBride plc in a research report on Tuesday, July 11th. Numis Securities Ltd boosted their price target on shares of McBride plc from GBX 211 ($2.78) to GBX 235 ($3.10) and gave the company a “buy” rating in a research report on Thursday, September 7th. Finally, Berenberg Bank boosted their price target on shares of McBride plc from GBX 220 ($2.90) to GBX 240 ($3.17) and gave the company a “buy” rating in a research report on Friday, September 29th.
McBride plc (LON:MCB) opened at 218.75 on Thursday. McBride plc has a 52 week low of GBX 158.31 and a 52 week high of GBX 231.50. The company has a 50-day moving average price of GBX 212.19 and a 200-day moving average price of GBX 195.21. The stock’s market cap is GBX 398.58 million.
The firm also recently announced a dividend, which will be paid on Friday, December 1st. Stockholders of record on Thursday, October 26th will be issued a GBX 2.90 ($0.04) dividend. The ex-dividend date is Thursday, October 26th. This represents a dividend yield of 1.47%.
TRADEMARK VIOLATION NOTICE: “McBride plc (MCB) Receives Average Rating of “Buy” from Analysts” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this news story on another site, it was copied illegally and republished in violation of international trademark & copyright laws. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/10/26/mcbride-plc-mcb-receives-average-rating-of-buy-from-analysts.html.
About McBride plc
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.
Receive News & Ratings for McBride plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McBride plc and related companies with MarketBeat.com's FREE daily email newsletter.