McColl's Retail Group PLC (MCLS) Price Target Raised to GBX 300 at Liberum Capital
McColl's Retail Group PLC (LON:MCLS) had its price objective raised by Liberum Capital from GBX 240 ($3.10) to GBX 300 ($3.88) in a research note released on Thursday. They currently have a buy rating on the stock.
Other analysts have also recently issued research reports about the stock. Peel Hunt restated a buy rating and issued a GBX 300 ($3.88) price objective on shares of McColl's Retail Group PLC in a research report on Monday, July 24th. Beaufort Securities upgraded shares of McColl's Retail Group PLC to a hold rating and upped their price objective for the company from GBX 150 ($1.94) to GBX 220 ($2.85) in a research report on Tuesday, July 25th. Finally, Numis Securities Ltd restated a buy rating and issued a GBX 240 ($3.10) price objective on shares of McColl's Retail Group PLC in a research report on Tuesday, May 23rd.
Shares of McColl's Retail Group PLC (MCLS) traded up 9.67% on Thursday, hitting GBX 295.00. The stock had a trading volume of 150,349 shares. McColl's Retail Group PLC has a one year low of GBX 163.34 and a one year high of GBX 295.75. The company’s market capitalization is GBX 339.76 million. The firm has a 50 day moving average price of GBX 235.03 and a 200 day moving average price of GBX 205.25.
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The company also recently announced a dividend, which will be paid on Friday, September 8th. Shareholders of record on Thursday, August 10th will be issued a dividend of GBX 3.40 ($0.04) per share. This represents a yield of 1.62%. The ex-dividend date of this dividend is Thursday, August 10th.
McColl's Retail Group PLC Company Profile
McColl’s Retail Group plc is a neighborhood retailer. The Company operates approximately 1,375 convenience stores and newsagents. The Company also operates over 1,00 McColl’s branded United Kingdom convenience stores, as well as over 370 newsagents branded Martin’s, except in Scotland where it operates under its heritage brand, RS McColl.
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