McBride (MCB) Sets New 12-Month Low at $160.20

McBride plc (LON:MCB) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 160.20 ($2.21) and last traded at GBX 161.20 ($2.23), with a volume of 93694 shares changing hands. The stock had previously closed at GBX 165 ($2.28).

A number of equities research analysts have commented on the stock. Peel Hunt reissued a “hold” rating and issued a GBX 215 ($2.97) price objective on shares of McBride in a research report on Tuesday, October 24th. Numis Securities reaffirmed a “buy” rating and issued a GBX 260 ($3.59) target price on shares of McBride in a research report on Tuesday, October 24th. Finally, Liberum Capital reaffirmed a “buy” rating and issued a GBX 260 ($3.59) target price on shares of McBride in a research report on Tuesday, October 24th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 230.83 ($3.19).

The company has a market capitalization of $293.72 and a PE ratio of 3,224.00.

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McBride Company Profile

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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