McBride (LON:MCB) had its price target reduced by equities research analysts at Numis Securities from GBX 240 ($3.32) to GBX 210 ($2.90) in a research note issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Numis Securities’ target price suggests a potential upside of 33.59% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the company. Peel Hunt dropped their price target on McBride from GBX 215 ($2.97) to GBX 200 ($2.76) and set an “add” rating on the stock in a research note on Monday, January 8th. Liberum Capital restated a “buy” rating and issued a GBX 235 ($3.25) price target on shares of McBride in a research note on Thursday, February 22nd. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 219.17 ($3.03).
Shares of McBride (MCB) opened at GBX 157.20 ($2.17) on Wednesday. McBride has a 12 month low of GBX 150 ($2.07) and a 12 month high of GBX 235 ($3.25). The firm has a market capitalization of $286.43 and a price-to-earnings ratio of -7,860.00.
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McBride plc is a 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 include Household, Personal Care & Aerosols (PCA) and Corporate. The Household segment consists of UK; North, including France, Belgium, Holland and Scandinavia; South, including Italy and Spain, and East, including Germany, Poland, Luxembourg and other Eastern Europe.
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