McBride plc (MCB) Given Buy Rating at Liberum Capital
A number of other analysts have also recently weighed in on MCB. Peel Hunt reiterated an add rating and issued a GBX 170 ($2.10) price target on shares of McBride plc in a research report on Monday, July 11th. Numis Securities Ltd reiterated a buy rating and issued a GBX 191 ($2.36) price target on shares of McBride plc in a research report on Monday, July 11th. Panmure Gordon reissued a buy rating and issued a GBX 200 ($2.48) price objective on shares of McBride plc in a research note on Monday, July 11th. Finally, Investec boosted their price objective on McBride plc from GBX 204 ($2.52) to GBX 210 ($2.60) and gave the stock a buy rating in a research note on Wednesday, September 7th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of GBX 203 ($2.51).
McBride plc (LON:MCB) opened at 188.296 on Monday. The stock’s market cap is GBX 343.09 million. McBride plc has a 52 week low of GBX 127.00 and a 52 week high of GBX 194.75. The company has a 50-day moving average price of GBX 176.23 and a 200-day moving average price of GBX 161.98.
In other news, insider Smith,Christopher Ian Charles purchased 5,802 shares of the business’s stock in a transaction dated Wednesday, September 7th. The shares were acquired at an average price of GBX 172 ($2.13) per share, with a total value of £9,979.44 ($12,350.79). Also, insider Coleman,John purchased 40,000 shares of the business’s stock in a transaction dated Wednesday, September 21st. The shares were purchased at an average cost of GBX 187 ($2.31) per share, for a total transaction of £74,800 ($92,574.26).
About McBride plc
McBride plc is a United Kingdom-based 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 are United Kingdom, including the United Kingdom and Ireland; Western Europe, including France, Iberia, Benelux, Italy and Germany, and Rest of the World, including Poland, Czech Republic and Asia Pacific.
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