Liberum Capital Reaffirms Buy Rating for McBride plc (MCB)
A number of other research analysts also recently commented on the company. Berenberg Bank increased their target price on McBride plc from GBX 220 ($2.92) to GBX 240 ($3.18) and gave the stock a buy rating in a report on Friday, September 29th. Numis Securities Ltd increased their target price on McBride plc from GBX 211 ($2.80) to GBX 235 ($3.12) and gave the stock a buy rating in a report on Thursday, September 7th. Peel Hunt raised McBride plc to a buy rating and set a GBX 215 ($2.85) target price on the stock in a report on Monday, September 4th. Finally, Investec reaffirmed a buy rating and set a GBX 230 ($3.05) target price on shares of McBride plc in a report on Tuesday, July 11th. Six equities research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and a consensus price target of GBX 233.33 ($3.10).
Shares of McBride plc (MCB) opened at 221.25 on Wednesday. The stock’s market cap is GBX 403.14 million. The firm has a 50-day moving average price of GBX 195.30 and a 200-day moving average price 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 issued a GBX 2.90 ($0.04) dividend. This represents a dividend yield of 1.47%. The ex-dividend date is Thursday, October 26th.
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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