McBride (MCB) PT Lowered to GBX 215 at Investec
McBride (LON:MCB) had its price objective reduced by Investec from GBX 230 ($3.18) to GBX 215 ($2.97) in a research note issued to investors on Friday morning. They currently have a buy rating on the stock.
MCB has been the subject of several other reports. Liberum Capital reissued a buy rating and issued a GBX 260 ($3.59) price objective on shares of McBride in a report on Monday, January 8th. Numis Securities reissued a buy rating and issued a GBX 240 ($3.32) price objective on shares of McBride in a report on Thursday, February 22nd. Finally, Peel Hunt lowered their price objective on McBride from GBX 200 ($2.76) to GBX 180 ($2.49) and set a hold rating for the company in a report on Thursday, February 22nd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of Buy and an average price target of GBX 216.67 ($2.99).
Shares of McBride (LON:MCB) opened at GBX 152 ($2.10) on Friday. McBride has a 52-week low of GBX 150 ($2.07) and a 52-week high of GBX 235 ($3.25). The stock has a market capitalization of $281.10 and a PE ratio of -7,600.00.
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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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