McBride plc (MCB) Earns “Buy” Rating from Liberum Capital
A number of other equities research analysts have also recently weighed in on MCB. Investec increased their price target on McBride plc from GBX 204 ($2.52) to GBX 210 ($2.60) and gave the company a buy rating in a research note on Wednesday, September 7th. Peel Hunt restated an add rating and issued a GBX 170 ($2.10) price target on shares of McBride plc in a research note on Monday, July 11th. Panmure Gordon restated a buy rating and issued a GBX 200 ($2.48) price target on shares of McBride plc in a research note on Monday, July 11th. Finally, Numis Securities Ltd restated a buy rating and issued a GBX 191 ($2.36) price target on shares of McBride plc in a research note on Monday, July 11th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of GBX 203 ($2.51).
McBride plc (LON:MCB) opened at 187.25 on Monday. McBride plc has a 12 month low of GBX 127.00 and a 12 month high of GBX 194.75. The company’s market cap is GBX 341.19 million. The company’s 50-day moving average is GBX 178.09 and its 200-day moving average is GBX 162.35.
In related news, insider Harrington,Neil purchased 7,000 shares of the firm’s stock in a transaction that occurred on Monday, September 12th. The shares were bought at an average price of GBX 176 ($2.18) per share, for a total transaction of £12,320 ($15,247.52). Also, insider Smith,Christopher Ian Charles purchased 5,802 shares of the firm’s stock in a transaction that occurred on Wednesday, September 7th. The stock was bought at an average price of GBX 172 ($2.13) per share, for a total transaction of £9,979.44 ($12,350.79).
McBride plc Company Profile
McBride plc is a United Kingdom-based 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 are United Kingdom, including the United Kingdom and Ireland; Western Europe, including France, Iberia, Benelux, Italy and Germany, and Rest of the World, including Poland, Czech Republic and Asia Pacific.
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