McColl's Retail Group (MCLS) Receives “Add” Rating from Numis Securities

McColl's Retail Group (LON:MCLS)‘s stock had its “add” rating restated by equities researchers at Numis Securities in a research note issued on Wednesday, March 14th. They currently have a GBX 290 ($4.07) price target on the stock. Numis Securities’ price target indicates a potential upside of 26.09% from the stock’s current price.

Several other research analysts have also recently issued reports on the company. Peel Hunt reissued a “buy” rating and issued a GBX 325 ($4.56) target price on shares of McColl's Retail Group in a research report on Monday, February 19th. Liberum Capital reaffirmed a “buy” rating and set a GBX 300 ($4.21) price objective on shares of McColl's Retail Group in a research report on Monday, February 19th.

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LON:MCLS remained flat at $GBX 230 ($3.23) on Wednesday. The company’s stock had a trading volume of 47,543 shares, compared to its average volume of 109,871. McColl's Retail Group has a fifty-two week low of GBX 181.15 ($2.54) and a fifty-two week high of GBX 300.75 ($4.22).

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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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