McBride plc (MCB) Stock Rating Reaffirmed by Liberum Capital
McBride plc (LON:MCB)‘s stock had its “buy” rating restated by Liberum Capital in a research note issued to investors on Monday. They currently have a GBX 215 ($2.69) price objective on the stock. Liberum Capital’s price objective points to a potential upside of 21.81% from the company’s current price.
Several other analysts also recently weighed in on MCB. Investec raised their target price on McBride plc from GBX 204 ($2.55) to GBX 210 ($2.62) and gave the company a “buy” rating in a research note on Wednesday, September 7th. Peel Hunt raised their target price on McBride plc from GBX 170 ($2.12) to GBX 185 ($2.31) and gave the company an “add” rating in a research note on Wednesday, September 7th. Numis Securities Ltd restated an “add” rating and set a GBX 205 ($2.56) target price (up from GBX 191 ($2.39)) on shares of McBride plc in a research note on Monday, September 12th. Finally, Panmure Gordon restated a “buy” rating and set a GBX 210 ($2.62) target price on shares of McBride plc in a research note on Monday, October 24th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of GBX 205 ($2.56).
McBride plc (LON:MCB) opened at 178.75 on Monday. The company has a 50-day moving average price of GBX 188.20 and a 200 day moving average price of GBX 166.83. The firm’s market cap is GBX 325.70 million. McBride plc has a 12 month low of GBX 127.00 and a 12 month high of GBX 206.00.
In related news, insider Vos ,Rik De purchased 10,000 shares of McBride plc stock in a transaction dated Thursday, September 8th. The shares were acquired at an average price of GBX 175 ($2.19) per share, with a total value of £17,500 ($21,864.07). Also, insider Smith,Christopher Ian Charles purchased 5,802 shares of McBride plc stock in a transaction dated Wednesday, September 7th. The shares were bought at an average cost of GBX 172 ($2.15) per share, for a total transaction of £9,979.44 ($12,468.07).
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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