Macfarlane Group PLC (LON:MACF – Get Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 68.57 and traded as high as GBX 72.90. Macfarlane Group shares last traded at GBX 71.50, with a volume of 94,025 shares.
Analyst Ratings Changes
Separately, Shore Capital Group reissued a “house stock” rating on shares of Macfarlane Group in a research note on Tuesday, June 30th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 120.
View Our Latest Report on MACF
Macfarlane Group Stock Performance
About Macfarlane Group
Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe. The Manufacturing Operations segment designs, manufactures, and assembles timber, corrugated, and foam-based packaging materials in the United Kingdom.
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