McBride plc’s (MCB) “Buy” Rating Reiterated at Investec
Investec reiterated their buy rating on shares of McBride plc (LON:MCB) in a research note issued to investors on Tuesday, July 11th. Investec currently has a GBX 230 ($3.00) price objective on the stock.
MCB has been the subject of a number of other research reports. Liberum Capital reissued a buy rating and set a GBX 225 ($2.93) price objective on shares of McBride plc in a research report on Tuesday, June 27th. Panmure Gordon reissued a buy rating and set a GBX 220 ($2.86) price objective on shares of McBride plc in a research report on Thursday, April 13th. Finally, Peel Hunt boosted their price target on McBride plc from GBX 205 ($2.67) to GBX 215 ($2.80) and gave the stock an add rating in a research report on Tuesday, June 27th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. McBride plc currently has a consensus rating of Buy and an average price target of GBX 221.83 ($2.89).
McBride plc (LON:MCB) traded up 0.52% during midday trading on Tuesday, hitting GBX 194.25. The stock had a trading volume of 28,012 shares. The company’s 50-day moving average price is GBX 187.20 and its 200 day moving average price is GBX 187.52. McBride plc has a 12-month low of GBX 146.00 and a 12-month high of GBX 207.25. The stock’s market cap is GBX 353.73 million.
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.
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