McBride plc (MCB) Receives Average Rating of “Buy” from Analysts

Shares of McBride plc (LON:MCB) have been assigned an average recommendation of “Buy” from the six analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 172.50 ($2.25).

Several equities analysts have weighed in on the company. Numis Securities restated a “buy” rating on shares of McBride in a report on Monday, September 10th. Berenberg Bank restated a “hold” rating and set a GBX 140 ($1.82) target price on shares of McBride in a report on Tuesday, September 11th. Peel Hunt restated a “hold” rating and set a GBX 165 ($2.15) target price on shares of McBride in a report on Monday, July 2nd. Liberum Capital restated a “hold” rating and set a GBX 165 ($2.15) target price on shares of McBride in a report on Monday, July 2nd. Finally, Jefferies Financial Group upgraded McBride to a “buy” rating in a report on Friday, August 24th.

Shares of LON:MCB opened at GBX 154.20 ($2.01) on Tuesday. McBride has a 1 year low of GBX 148.80 ($1.94) and a 1 year high of GBX 235 ($3.06).

In other McBride news, insider Christopher Ian Charles Smith sold 13,267 shares of the firm’s stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of GBX 135 ($1.76), for a total transaction of £17,910.45 ($23,330.01).

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.

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Analyst Recommendations for McBride (LON:MCB)

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