McBride (LON:MCB – Get Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at Berenberg Bank in a research note issued to investors on Thursday, Digital Look reports. They currently have a GBX 275 price objective on the stock. Berenberg Bank’s target price points to a potential upside of 48.81% from the stock’s previous close.
McBride Stock Down 1.1%
Shares of LON:MCB opened at GBX 184.80 on Thursday. McBride has a twelve month low of GBX 106.20 and a twelve month high of GBX 214.10. The company has a market capitalization of £313.74 million, a PE ratio of 10.93, a P/E/G ratio of -0.36 and a beta of 1.51. The company has a current ratio of 0.95, a quick ratio of 0.54 and a debt-to-equity ratio of 145.77. The firm has a 50 day simple moving average of GBX 168.31 and a 200-day simple moving average of GBX 158.63.
Insider Activity
In related news, insider Christopher Ian Charles Smith sold 246,450 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of GBX 145, for a total transaction of £357,352.50. 29.49% of the stock is currently owned by company insiders.
McBride Company Profile
With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.
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