McBride plc (LON:MCB) Rating Reiterated by Investec

Investec reiterated their buy rating on shares of McBride plc (LON:MCB) in a report published on Tuesday, July 11th. They currently have a GBX 230 ($3.00) price objective on the stock.

A number of other research analysts have also recently weighed in on the stock. Peel Hunt reiterated an add rating and issued a GBX 215 ($2.80) price target on shares of McBride plc in a report on Tuesday, July 11th. Liberum Capital restated a buy rating and issued a GBX 225 ($2.93) target price on shares of McBride plc in a report on Thursday, July 6th. Finally, Panmure Gordon restated a buy rating and issued a GBX 220 ($2.86) target price on shares of McBride plc in a report on Thursday, April 13th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. McBride plc currently has an average rating of Buy and a consensus target price of GBX 221.83 ($2.89).

McBride plc (LON:MCB) traded up 1.12% during midday trading on Tuesday, reaching GBX 180.00. The company had a trading volume of 37,757 shares. McBride plc has a 12-month low of GBX 151.60 and a 12-month high of GBX 207.25. The stock has a 50-day moving average price of GBX 186.62 and a 200 day moving average price of GBX 187.55. The company’s market capitalization is GBX 327.78 million.

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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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