McBride plc (LON:MCB)‘s stock had its “buy” rating restated by analysts at Liberum Capital in a research note issued to investors on Friday. They presently have a GBX 215 ($2.81) price objective on the stock. Liberum Capital’s price target indicates a potential upside of 15.75% from the company’s previous close.
Several other equities analysts also recently commented on the company. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 205 ($2.68) price objective (up previously from GBX 191 ($2.49)) on shares of McBride plc in a research report on Monday, September 12th. Panmure Gordon reissued a “buy” rating and set a GBX 200 ($2.61) price target on shares of McBride plc in a research report on Monday, July 11th. Peel Hunt reissued an “add” rating and set a GBX 170 ($2.22) price target on shares of McBride plc in a research report on Monday, July 11th. Finally, Investec increased their price target on McBride plc from GBX 204 ($2.66) to GBX 210 ($2.74) and gave the stock a “buy” rating in a research report on Wednesday, September 7th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 203 ($2.65).
McBride plc (LON:MCB) opened at 186.9248 on Friday. The stock’s market cap is GBX 340.59 million. McBride plc has a 12 month low of GBX 127.00 and a 12 month high of GBX 189.00. The firm has a 50-day moving average price of GBX 170.69 and a 200-day moving average price of GBX 160.88.
In related news, insider Vos ,Rik De acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, September 8th. The shares were bought at an average price of GBX 175 ($2.28) per share, with a total value of £17,500 ($22,842.97). Also, insider Coleman,John acquired 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 21st. The shares were bought at an average cost of GBX 187 ($2.44) per share, for a total transaction of £74,800 ($97,637.38).
McBride plc Company Profile
McBride plc is a United Kingdom-based 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 are United Kingdom, including the United Kingdom and Ireland; Western Europe, including France, Iberia, Benelux, Italy and Germany, and Rest of the World, including Poland, Czech Republic and Asia Pacific.
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