McBride plc (LON:MCB)‘s stock had its “buy” rating reaffirmed by research analysts at Numis Securities Ltd in a research note issued to investors on Wednesday. They presently have a GBX 260 ($3.42) target price on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 14.29% from the company’s current price.
Several other equities research analysts have also issued reports on MCB. Liberum Capital reissued a “buy” rating and set a GBX 235 ($3.09) target price on shares of McBride plc in a research note on Wednesday, October 4th. Peel Hunt reissued a “buy” rating and set a GBX 215 ($2.83) target price on shares of McBride plc in a research note on Wednesday, October 4th. Finally, Berenberg Bank increased their target price on shares of McBride plc from GBX 220 ($2.89) to GBX 240 ($3.16) and gave the stock a “buy” rating in a research note on Friday, September 29th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of GBX 237.50 ($3.12).
Shares of McBride plc (LON:MCB) opened at 226.00 on Wednesday. The company’s market capitalization is GBX 411.79 million. The firm’s 50-day moving average price is GBX 200.35 and its 200-day moving average price is GBX 193.19. McBride plc has a 12-month low of GBX 158.31 and a 12-month high of GBX 229.50.
About McBride plc
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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