McBride plc (MCB) Reaches New 12-Month High at $208.75
Shares of McBride plc (LON:MCB) reached a new 52-week high on Wednesday . The company traded as high as GBX 208.75 ($2.70) and last traded at GBX 204.75 ($2.64), with a volume of 152,420 shares traded. The stock had previously closed at GBX 205 ($2.65).
MCB has been the subject of a number of recent analyst reports. Investec reissued a “buy” rating and set a GBX 230 ($2.97) price target on shares of McBride plc in a research report on Tuesday, July 11th. Liberum Capital reissued a “buy” rating and set a GBX 225 ($2.91) price target on shares of McBride plc in a research report on Tuesday, June 27th. Numis Securities Ltd raised their price target on shares of McBride plc from GBX 211 ($2.73) to GBX 235 ($3.03) and gave the stock a “buy” rating in a research report on Thursday, September 7th. Finally, Peel Hunt raised shares of McBride plc to a “buy” rating and set a GBX 215 ($2.78) price target for the company in a research report on Monday, September 4th. Six investment analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of GBX 225.83 ($2.92).
The stock has a 50-day moving average of GBX 184.54 and a 200 day moving average of GBX 189.90. The stock’s market cap is GBX 372.85 million.
The business also recently declared a dividend, which will be paid on Friday, December 1st. Investors of record on Thursday, October 26th will be paid a GBX 2.90 ($0.04) dividend. This represents a yield of 1.47%. The ex-dividend date of this dividend is Thursday, October 26th.
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McBride plc 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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