McBride plc (MCB) Price Target Raised to GBX 260
McBride plc (LON:MCB) had its price objective boosted by Numis Securities Ltd from GBX 235 ($3.12) to GBX 260 ($3.45) in a report released on Wednesday morning. They currently have a buy rating on the stock.
Other research analysts have also issued reports about the company. Liberum Capital lifted their target price on McBride plc from GBX 225 ($2.98) to GBX 235 ($3.12) and gave the stock a buy rating in a report on Wednesday, July 12th. Peel Hunt reaffirmed an add rating and set a GBX 215 ($2.85) target price on shares of McBride plc in a report on Tuesday, July 11th. Berenberg Bank lifted their price target on McBride plc from GBX 220 ($2.92) to GBX 240 ($3.18) and gave the stock a buy rating in a research note on Friday, September 29th. Finally, Investec reissued a buy rating and issued a GBX 230 ($3.05) price target on shares of McBride plc in a research note on Tuesday, July 11th. Six investment analysts have rated the stock with a buy rating, McBride plc has a consensus rating of Buy and a consensus price target of GBX 233.33 ($3.10).
Shares of McBride plc (LON MCB) opened at 221.25 on Wednesday. The stock’s market capitalization is GBX 403.14 million. The company has a 50 day moving average of GBX 195.30 and a 200 day moving average of GBX 192.19. McBride plc has a 52-week low of GBX 158.31 and a 52-week high of GBX 223.00.
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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. The ex-dividend date is Thursday, October 26th. This represents a yield of 1.47%.
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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