Other equities analysts have also recently issued research reports about the stock. Peel Hunt restated an add rating and set a GBX 170 ($2.22) target price on shares of McBride plc in a research report on Monday, July 11th. Numis Securities Ltd reiterated an add rating and set a GBX 205 ($2.68) price target (up from GBX 191 ($2.49)) on shares of McBride plc in a report on Monday, September 12th. Investec lifted their price target on shares of McBride plc from GBX 204 ($2.66) to GBX 210 ($2.74) and gave the stock a buy rating in a report on Wednesday, September 7th. Finally, Panmure Gordon reiterated a buy rating and set a GBX 200 ($2.61) price target on shares of McBride plc in a report on Monday, July 11th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of GBX 203 ($2.65).
Shares of McBride plc (LON:MCB) opened at 189.25 on Friday. The firm’s market capitalization is GBX 344.83 million. McBride plc has a 12-month low of GBX 127.00 and a 12-month high of GBX 194.75. The firm’s 50-day moving average is GBX 173.35 and its 200-day moving average is GBX 161.51.
In related news, insider Coleman,John bought 40,000 shares of the stock in a transaction that occurred on Wednesday, September 21st. The stock was purchased at an average cost of GBX 187 ($2.44) per share, for a total transaction of £74,800 ($97,637.38). Also, insider Harrington,Neil bought 7,000 shares of the stock in a transaction that occurred on Monday, September 12th. The stock was bought at an average price of GBX 176 ($2.30) per share, with a total value of £12,320 ($16,081.45).
About McBride plc
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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