McBride (MCB) Price Target Lowered to GBX 235 at Liberum Capital
McBride (LON:MCB) had its price objective decreased by Liberum Capital from GBX 260 ($3.53) to GBX 235 ($3.19) in a research note released on Monday. Liberum Capital currently has a buy rating on the stock.
Other equities analysts have also recently issued research reports about the company. Peel Hunt dropped their target price on McBride from GBX 215 ($2.92) to GBX 200 ($2.71) and set an add rating for the company in a report on Monday, January 8th. Numis Securities lifted their target price on 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, Berenberg Bank lifted their target price on 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. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of GBX 230.83 ($3.13).
McBride (LON MCB) traded up GBX 4.20 ($0.06) during midday trading on Monday, reaching GBX 181 ($2.45). The company’s stock had a trading volume of 1,064,889 shares, compared to its average volume of 196,046. The stock has a market cap of $325.43 and a PE ratio of 3,620.00. McBride has a fifty-two week low of GBX 158.31 ($2.15) and a fifty-two week high of GBX 235 ($3.19).
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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