McBride (MCB) Stock Rating Reaffirmed by Liberum Capital
Liberum Capital restated their buy rating on shares of McBride (LON:MCB) in a research report report published on Monday morning. Liberum Capital currently has a GBX 260 ($3.53) target price on the stock.
Several other analysts also recently commented on MCB. Berenberg Bank raised their target price on shares of McBride from GBX 220 ($2.98) to GBX 240 ($3.25) and gave the stock a buy rating in a report on Friday, September 29th. Numis Securities raised their target price on shares of McBride from GBX 235 ($3.19) to GBX 260 ($3.53) and gave the stock a buy rating in a report on Wednesday, October 4th. Finally, Peel Hunt restated a buy rating and set a GBX 215 ($2.92) target price on shares of McBride in a report on Wednesday, October 4th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of GBX 235 ($3.19).
Shares of McBride (LON MCB) traded down GBX 8.80 ($0.12) during mid-day trading on Monday, reaching GBX 186.20 ($2.53). 809,453 shares of the company’s stock traded hands, compared to its average volume of 162,465. The firm has a market cap of $339.51 and a P/E ratio of 3,724.00. McBride has a 52-week low of GBX 158.31 ($2.15) and a 52-week high of GBX 235 ($3.19).
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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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