McColl's Retail Group’s (MCLS) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their buy rating on shares of McColl's Retail Group (LON:MCLS) in a research note published on Tuesday morning. Peel Hunt currently has a GBX 325 ($4.37) price objective on the stock.

Other equities analysts have also issued research reports about the company. Numis Securities reissued an add rating and set a GBX 320 ($4.31) price objective on shares of McColl's Retail Group in a research report on Monday. Liberum Capital lifted their price target on McColl's Retail Group from GBX 240 ($3.23) to GBX 300 ($4.04) and gave the stock a buy rating in a research report on Thursday, August 31st. Finally, Beaufort Securities reaffirmed a hold rating on shares of McColl's Retail Group in a research report on Monday, September 4th.

McColl's Retail Group (LON:MCLS) opened at GBX 281.25 ($3.79) on Tuesday. McColl's Retail Group has a 52-week low of GBX 171 ($2.30) and a 52-week high of GBX 300.75 ($4.05).

In other McColl's Retail Group news, insider James Lancaster sold 11,399,500 shares of the business’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of GBX 295 ($3.97), for a total transaction of £33,628,525 ($45,260,464.33).

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About McColl's Retail Group

McColl’s Retail Group plc is a neighborhood retailer. The Company operates approximately 1,375 convenience stores and newsagents. The Company also operates over 1,00 McColl’s branded United Kingdom convenience stores, as well as over 370 newsagents branded Martin’s, except in Scotland where it operates under its heritage brand, RS McColl.

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