Peel Hunt reaffirmed their buy rating on shares of McColl's Retail Group (LON:MCLS) in a research report sent to investors on Wednesday morning. Peel Hunt currently has a GBX 325 ($4.35) price objective on the stock.

A number of other research firms have also weighed in on MCLS. Beaufort Securities reiterated a hold rating on shares of McColl's Retail Group in a research note on Monday, September 4th. Numis Securities lowered McColl's Retail Group to an add rating and set a GBX 300 ($4.02) price target on the stock. in a research note on Thursday, August 31st. Finally, Liberum Capital raised their price target on McColl's Retail Group from GBX 240 ($3.21) to GBX 300 ($4.02) and gave the company a buy rating in a research note on Thursday, August 31st.

McColl's Retail Group (LON:MCLS) traded up GBX 5.50 ($0.07) during mid-day trading on Wednesday, reaching GBX 290 ($3.88). The company’s stock had a trading volume of 33,160 shares, compared to its average volume of 78,403. McColl's Retail Group has a twelve month low of GBX 171 ($2.29) and a twelve month high of GBX 300.75 ($4.03).

In other news, insider James Lancaster sold 11,399,500 shares of the firm’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of GBX 295 ($3.95), for a total transaction of £33,628,525 ($45,036,192.58).

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McColl's Retail Group 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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