McBride (MCB) Reaches New 52-Week High at $235.00

McBride plc (LON:MCB) shares reached a new 52-week high during trading on Friday . The company traded as high as GBX 235 ($3.16) and last traded at GBX 229 ($3.08), with a volume of 13895 shares trading hands. The stock had previously closed at GBX 231.75 ($3.12).

A number of analysts have recently issued reports on the company. Peel Hunt upgraded McBride to a “buy” rating and set a GBX 215 ($2.89) target price for the company in a report on Monday, September 4th. Numis Securities upped their price target on McBride from GBX 211 ($2.84) to GBX 235 ($3.16) and gave the stock a “buy” rating in a report on Thursday, September 7th. Finally, Liberum Capital restated a “buy” rating and issued a GBX 260 ($3.50) price target on shares of McBride in a report on Tuesday, October 24th. One equities 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 price target of GBX 237.50 ($3.20).

The stock has a market capitalization of $415.44 and a price-to-earnings ratio of 4,580.00.

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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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