McBride plc (MCB) Receives Consensus Recommendation of “Buy” from Analysts
Shares of McBride plc (LON:MCB) have earned a consensus recommendation of “Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 237.50 ($3.20).
A number of equities analysts have recently issued reports on the company. Peel Hunt reissued a “hold” rating and set a GBX 215 ($2.89) target price on shares of McBride in a research note on Tuesday, October 24th. Liberum Capital reissued a “buy” rating and set a GBX 260 ($3.50) target price on shares of McBride in a research note on Tuesday, October 24th. Numis Securities reissued a “buy” rating and set a GBX 260 ($3.50) target price on shares of McBride in a research note on Tuesday, October 24th. Finally, Berenberg Bank increased their target price on McBride from GBX 220 ($2.96) to GBX 240 ($3.23) and gave the stock a “buy” rating in a research note on Friday, September 29th.
McBride (LON MCB) opened at GBX 223.91 ($3.01) on Friday. McBride has a 52-week low of GBX 158.31 ($2.13) and a 52-week high of GBX 234.75 ($3.16).
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McBride 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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