Brokerages Set McBride plc (MCB) Price Target at $210.00

McBride plc (LON:MCB) has earned a consensus recommendation of “Buy” from the six research firms that are presently covering the firm. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 210 ($2.62).

A number of brokerages recently commented on MCB. Liberum Capital restated a “buy” rating and issued a GBX 215 ($2.68) target price on shares of McBride plc in a research note on Tuesday, November 1st. Numis Securities Ltd restated an “add” rating and issued a GBX 205 ($2.55) target price on shares of McBride plc in a research note on Thursday, January 12th. Peel Hunt restated an “add” rating and issued a GBX 185 ($2.30) target price on shares of McBride plc in a research note on Wednesday, January 11th. Berenberg Bank restated a “buy” rating and issued a GBX 220 ($2.74) target price on shares of McBride plc in a research note on Thursday. Finally, Panmure Gordon upped their target price on McBride plc from GBX 210 ($2.62) to GBX 220 ($2.74) and gave the company a “buy” rating in a research note on Thursday, January 12th.

Shares of McBride plc (LON:MCB) opened at 179.25 on Monday. The firm’s market cap is GBX 326.61 million. The company has a 50-day moving average of GBX 174.18 and a 200 day moving average of GBX 175.92. McBride plc has a 12-month low of GBX 127.00 and a 12-month high of GBX 206.00.

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McBride plc 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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