McBride plc (MCB) Receives GBX 172.50 Consensus Price Target from Analysts
Shares of McBride plc (LON:MCB) have earned an average recommendation of “Buy” from the six ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 172.50 ($2.25).
MCB has been the subject of a number of analyst reports. Jefferies Financial Group raised McBride to a “buy” rating in a report on Friday, August 24th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 170 ($2.21) price target on shares of McBride in a report on Thursday, September 6th. Peel Hunt reduced their price target on McBride from GBX 180 ($2.34) to GBX 165 ($2.15) and set a “hold” rating for the company in a report on Monday, June 18th. Numis Securities reiterated a “buy” rating on shares of McBride in a research note on Monday, September 10th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 140 ($1.82) price objective on shares of McBride in a research note on Tuesday, September 11th.
LON MCB traded down GBX 3.60 ($0.05) during trading hours on Tuesday, reaching GBX 147.40 ($1.92). The company’s stock had a trading volume of 70,187 shares, compared to its average volume of 273,889. McBride has a 1-year low of GBX 148.80 ($1.94) and a 1-year high of GBX 235 ($3.06).
McBride Company Profile
McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers in the United Kingdom, other regions in Europe, and Asia. The company offers various household products, such as laundry products, including laundry powder tablets, liquid gels, and laundry liquid sachets; dishwashing products comprising washing up liquids and machine dishwashing powders, tablets, and gels; household cleaners consisting of bathroom, kitchen, glass, ceramic hobs, antibacterial, and multisurface cleaners; toilet cleaners and descaling products; and air freshener products, such as time release sprays, gel air fresheners, plug-in fresheners, sprays, diffusers, and candles.
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