Berenberg Bank reissued their buy rating on shares of McBride (LON:MCB – Free Report) in a report published on Thursday,Digital Look reports. The brokerage currently has a GBX 275 price target on the stock.
McBride Stock Performance
LON:MCB opened at GBX 186 on Thursday. The company has a 50-day moving average of GBX 169.23 and a 200-day moving average of GBX 158.97. The firm has a market cap of £315.78 million, a price-to-earnings ratio of 11.01, a price-to-earnings-growth ratio of -0.36 and a beta of 1.51. The company has a current ratio of 0.95, a quick ratio of 0.54 and a debt-to-equity ratio of 145.77. McBride has a twelve month low of GBX 106.20 and a twelve month high of GBX 214.10.
Insiders Place Their Bets
In related news, insider Christopher Ian Charles Smith sold 246,450 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of GBX 145, for a total transaction of £357,352.50. Insiders own 29.49% of the company’s stock.
McBride Company Profile
With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.
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