McBride plc (LON:MCB)‘s stock had its “buy” rating reissued by stock analysts at Liberum Capital in a report released on Monday. They presently have a GBX 215 ($2.66) target price on the stock. Liberum Capital’s price objective points to a potential upside of 13.16% from the company’s previous close.
A number of other equities analysts have also commented on MCB. Peel Hunt reissued an “add” rating and issued a GBX 170 ($2.10) price target on shares of McBride plc in a research report on Monday, July 11th. Numis Securities Ltd reissued a “buy” rating and issued a GBX 191 ($2.36) price target on shares of McBride plc in a research report on Monday, July 11th. Panmure Gordon reissued a “buy” rating and issued a GBX 200 ($2.48) price target on shares of McBride plc in a research report on Monday, July 11th. Finally, Investec lifted their price target on shares of McBride plc from GBX 204 ($2.52) to GBX 210 ($2.60) and gave the company a “buy” rating in a research report on Wednesday, September 7th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. McBride plc presently has an average rating of “Buy” and an average price target of GBX 203 ($2.51).
McBride plc (LON:MCB) opened at 189.25 on Monday. The stock has a 50 day moving average of GBX 177.06 and a 200-day moving average of GBX 162.16. McBride plc has a 52-week low of GBX 127.00 and a 52-week high of GBX 194.75. The company’s market capitalization is GBX 344.83 million.
In other McBride plc news, insider Smith,Christopher Ian Charles purchased 5,802 shares of the firm’s stock in a transaction on Wednesday, September 7th. The shares were purchased at an average price of GBX 172 ($2.13) per share, for a total transaction of £9,979.44 ($12,350.79). Also, insider Coleman,John purchased 40,000 shares of the firm’s stock in a transaction on Wednesday, September 21st. The shares were acquired at an average price of GBX 187 ($2.31) per share, for a total transaction of £74,800 ($92,574.26).
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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