Brokerages Set McBride plc (MCB) Target Price at $177.50

McBride plc (LON:MCB) has received an average rating of “Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 177.50 ($2.32).

MCB has been the subject of several recent analyst reports. Numis Securities reaffirmed a “buy” rating on shares of McBride in a research report on Monday, September 10th. Liberum Capital reissued a “buy” rating and issued a GBX 170 ($2.22) price target on shares of McBride in a research report on Thursday, September 6th. Jefferies Financial Group raised shares of McBride to a “buy” rating in a research report on Friday, August 24th. Peel Hunt reissued a “buy” rating on shares of McBride in a research report on Tuesday, October 23rd. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 140 ($1.83) price target on shares of McBride in a research report on Tuesday, September 11th.

McBride stock opened at GBX 123.80 ($1.62) on Wednesday. McBride has a 12-month low of GBX 148.80 ($1.94) and a 12-month high of GBX 235 ($3.07).

In related news, insider Christopher Ian Charles Smith sold 13,267 shares of the business’s stock in a transaction on Tuesday, September 11th. The shares were sold at an average price of GBX 135 ($1.76), for a total value of £17,910.45 ($23,403.18).

McBride Company Profile

McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers in the United Kingdom, other regions in Europe, and Asia. The company offers various household products, such as laundry products, including laundry powder tablets, liquid gels, and laundry liquid sachets; dishwashing products comprising washing up liquids and machine dishwashing powders, tablets, and gels; household cleaners consisting of bathroom, kitchen, glass, ceramic hobs, antibacterial, and multisurface cleaners; toilet cleaners and descaling products; and air freshener products, such as time release sprays, gel air fresheners, plug-in fresheners, sprays, diffusers, and candles.

See Also: Cash Flow

Analyst Recommendations for McBride (LON:MCB)

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