Liberum Capital Boosts McColl's Retail Group PLC (MCLS) Price Target to GBX 300
McColl's Retail Group PLC (LON:MCLS) had its price objective raised by equities researchers at Liberum Capital from GBX 240 ($3.10) to GBX 300 ($3.88) in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. Liberum Capital’s price objective suggests a potential upside of 12.57% from the company’s current price.
Several other equities analysts have also recently issued reports on the stock. Peel Hunt upped their target price on shares of McColl's Retail Group PLC from GBX 300 ($3.88) to GBX 325 ($4.20) and gave the company a “buy” rating in a research note on Tuesday, August 1st. Beaufort Securities upgraded shares of McColl's Retail Group PLC to a “hold” rating and upped their target price for the company from GBX 150 ($1.94) to GBX 220 ($2.85) in a research note on Tuesday, July 25th. Finally, Numis Securities Ltd reiterated a “buy” rating and issued a GBX 240 ($3.10) price objective on shares of McColl's Retail Group PLC in a research note on Tuesday, May 23rd.
McColl's Retail Group PLC (LON:MCLS) opened at 266.50 on Thursday. The firm’s market cap is GBX 306.93 million. The company has a 50-day moving average of GBX 235.03 and a 200-day moving average of GBX 205.25. McColl's Retail Group PLC has a 52 week low of GBX 163.34 and a 52 week high of GBX 272.00.
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About McColl's Retail Group PLC
McColl’s Retail Group plc is a neighborhood retailer. The Company operates approximately 1,375 convenience stores and newsagents. The Company also operates over 1,00 McColl’s branded United Kingdom convenience stores, as well as over 370 newsagents branded Martin’s, except in Scotland where it operates under its heritage brand, RS McColl.
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