Liberum Capital Reiterates “Buy” Rating for McBride (LON:MCB)

McBride (LON:MCB)‘s stock had its “buy” rating restated by Liberum Capital in a research report issued to clients and investors on Tuesday, December 19th. They presently have a GBX 260 ($3.53) price objective on the stock. Liberum Capital’s price objective suggests a potential upside of 46.40% from the stock’s previous close.

MCB has been the topic of several other reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 215 ($2.92) price objective on shares of McBride in a report on Wednesday, October 4th. Numis Securities reaffirmed a “buy” rating and set a GBX 260 ($3.53) price objective on shares of McBride in a report on Tuesday, October 24th. Finally, Berenberg Bank upped their price objective on McBride from GBX 220 ($2.98) to GBX 240 ($3.25) and gave the stock a “buy” rating in a report on Friday, September 29th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 235 ($3.19).

McBride (LON MCB) traded down GBX 3 ($0.04) during mid-day trading on Tuesday, hitting GBX 177.60 ($2.41). The stock had a trading volume of 95,278 shares, compared to its average volume of 145,633. McBride has a 12-month low of GBX 158.31 ($2.15) and a 12-month high of GBX 235 ($3.19). The stock has a market cap of $323.60 and a PE ratio of 3,552.00.

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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.

Analyst Recommendations for McBride (LON:MCB)

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