Liberum Capital Raises McBride plc (LON:MCB) Price Target to GBX 235
McBride plc (LON:MCB) had its target price boosted by Liberum Capital from GBX 225 ($2.91) to GBX 235 ($3.04) in a research note issued to investors on Wednesday morning. The brokerage currently has a buy rating on the stock.
Several other brokerages have also recently issued reports on MCB. Panmure Gordon reaffirmed a buy rating and issued a GBX 220 ($2.85) target price on shares of McBride plc in a report on Thursday, April 13th. Peel Hunt reaffirmed an add rating and issued a GBX 215 ($2.78) target price on shares of McBride plc in a report on Tuesday, July 11th. Finally, Investec reaffirmed a buy rating and issued a GBX 230 ($2.98) target price on shares of McBride plc in a report on Tuesday, July 11th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of GBX 221.83 ($2.87).
McBride plc (MCB) opened at 182.25 on Wednesday. The company’s market capitalization is GBX 331.88 million. McBride plc has a 52-week low of GBX 146.00 and a 52-week high of GBX 207.25. The stock’s 50 day moving average is GBX 192.95 and its 200-day moving average is GBX 186.03.
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About McBride plc
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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