Peel Hunt Reaffirms Hold Rating for McBride (LON:MCB)
Peel Hunt reiterated their hold rating on shares of McBride (LON:MCB) in a research note published on Monday, ThisIsMoney.Co.Uk reports. They currently have a GBX 70 ($0.91) price objective on the stock, down from their previous price objective of GBX 90 ($1.18).
Several other equities analysts have also recently weighed in on MCB. Numis Securities reiterated a hold rating and set a GBX 135 ($1.76) price objective on shares of Bakkavor Group in a report on Thursday, May 2nd. Liberum Capital started coverage on FW Thorpe in a report on Thursday, May 2nd. They set a buy rating and a GBX 400 ($5.23) price objective on the stock. Finally, Jefferies Financial Group lifted their price objective on Oracle from $61.00 to $66.00 and gave the company a buy rating in a report on Thursday, June 20th. Four research analysts have rated the stock with a hold rating, The company currently has an average rating of Hold and a consensus target price of GBX 102 ($1.33).
LON:MCB opened at GBX 67.80 ($0.89) on Monday. McBride has a fifty-two week low of GBX 75.90 ($0.99) and a fifty-two week high of GBX 160.20 ($2.09). The company has a debt-to-equity ratio of 160.91, a current ratio of 1.03 and a quick ratio of 0.64. The company has a market cap of $123.94 million and a PE ratio of 11.30. The company’s 50-day simple moving average is GBX 81.22.
McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers in the United Kingdom, other regions in Europe, and Asia. The company offers various household products, such as laundry products, including laundry powder tablets, liquid gels, and laundry liquid sachets; dishwashing products comprising washing up liquids and machine dishwashing powders, tablets, and gels; household cleaners consisting of bathroom, kitchen, glass, ceramic hobs, antibacterial, and multisurface cleaners; toilet cleaners and descaling products; and air freshener products, such as time release sprays, gel air fresheners, plug-in fresheners, sprays, diffusers, and candles.
See Also: What is the Quick Ratio?
Receive News & Ratings for McBride Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McBride and related companies with MarketBeat.com's FREE daily email newsletter.