McBride plc (MCB) Price Target Increased to GBX 240 by Analysts at Berenberg Bank
McBride plc (LON:MCB) had its target price upped by Berenberg Bank from GBX 220 ($2.96) to GBX 240 ($3.23) in a research report released on Friday morning. Berenberg Bank currently has a buy rating on the stock.
A number of other brokerages have also recently issued reports on MCB. Numis Securities Ltd boosted their target price on shares of McBride plc from GBX 211 ($2.84) to GBX 235 ($3.16) and gave the company a buy rating in a report on Thursday, September 7th. Liberum Capital reissued a buy rating and set a GBX 235 ($3.16) target price on shares of McBride plc in a report on Thursday, September 7th. Peel Hunt boosted their target price on shares of McBride plc from GBX 205 ($2.76) to GBX 215 ($2.89) and gave the company an add rating in a report on Tuesday, June 27th. Finally, Investec reissued a buy rating and set a GBX 230 ($3.09) target price on shares of McBride plc in a report on Tuesday, July 11th. Six equities research analysts have rated the stock with a buy rating, The stock currently has an average rating of Buy and an average target price of GBX 229.17 ($3.08).
McBride plc (MCB) traded up 0.96% during trading on Friday, reaching GBX 210.50. The company’s stock had a trading volume of 35,750 shares. The stock’s 50 day moving average is GBX 187.38 and its 200 day moving average is GBX 190.51. The company’s market cap is GBX 383.55 million. McBride plc has a 12 month low of GBX 158.31 and a 12 month high of GBX 214.50.
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The company also recently declared a dividend, which will be paid on Friday, December 1st. Stockholders of record on Thursday, October 26th will be issued a GBX 2.90 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, October 26th. This represents a dividend yield of 1.47%.
McBride plc Company Profile
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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