McBride’s (MCB) “Buy” Rating Reaffirmed at Liberum Capital
A number of other brokerages have also issued reports on MCB. Numis Securities reissued a buy rating and issued a GBX 260 ($3.50) price target on shares of McBride in a research note on Tuesday, October 24th. Peel Hunt reissued a hold rating and issued a GBX 215 ($2.89) price target on shares of McBride in a research note on Tuesday, October 24th. Finally, Berenberg Bank raised their price target on McBride from GBX 220 ($2.96) to GBX 240 ($3.23) and gave the stock a buy rating in a research note on Friday, September 29th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of GBX 237.50 ($3.20).
Shares of McBride (LON MCB) opened at GBX 227 ($3.06) on Tuesday. McBride has a 52 week low of GBX 158.31 ($2.13) and a 52 week high of GBX 234.75 ($3.16).
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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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