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

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McBride (LON:MCB)‘s stock had its “buy” rating reaffirmed by Liberum Capital in a research report issued on Wednesday, October 17th.

MCB has been the topic of several other reports. Berenberg Bank reissued a “hold” rating and set a GBX 140 ($1.83) price target on shares of McBride in a research report on Tuesday, September 11th. Peel Hunt reaffirmed a “buy” rating on shares of McBride in a research report on Friday, October 12th. Numis Securities cut their target price on McBride from GBX 210 ($2.74) to GBX 170 ($2.22) and set a “buy” rating on the stock in a research report on Tuesday, July 10th. Finally, Jefferies Financial Group raised McBride to a “buy” rating in a research report on Friday, August 24th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. McBride currently has an average rating of “Buy” and an average price target of GBX 172 ($2.25).

Shares of LON:MCB traded down GBX 2.60 ($0.03) during trading on Wednesday, reaching GBX 123.80 ($1.62). 160,589 shares of the stock were exchanged, compared to its average volume of 273,889. 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 company’s stock in a transaction that occurred on Tuesday, September 11th. The stock was sold at an average price of GBX 135 ($1.76), for a total transaction of £17,910.45 ($23,403.18).

About McBride

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: Average Daily Trade Volume – ADTV

Analyst Recommendations for McBride (LON:MCB)

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