McBride (LON:MCB) Earns Buy Rating from Peel Hunt

Key Points

• Equities researchers at Peel Hunt have reiterated a "buy" rating for McBride (LON:MCB) with a price target of GBX 190, indicating a potential upside of 56.38% from the current price.
• McBride reported GBX 22.10 earnings per share for the last quarter, with a net margin of 3.56% and a return on equity of 62.24%.
• The company's stock has fluctuated between a 1-year low of GBX 93.17 and a 1-year high of GBX 162, with a market cap of £207.41 million.

McBride (LON:MCB - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Peel Hunt in a research report issued on Wednesday, Marketbeat Ratings reports. They presently have a GBX 190 target price on the stock. Peel Hunt's target price would indicate a potential upside of 53.23% from the stock's previous close.

McBride Trading Up 1.3%

Shares of MCB stock traded up GBX 1.60 during trading hours on Wednesday, reaching GBX 124. The company's stock had a trading volume of 398,923 shares, compared to its average volume of 394,880. The stock has a market capitalization of £211.68 million, a P/E ratio of 546.26, a P/E/G ratio of -0.36 and a beta of 1.17. McBride has a one year low of GBX 93.17 and a one year high of GBX 162. The firm's fifty day simple moving average is GBX 121.94 and its 200 day simple moving average is GBX 137.01. The company has a current ratio of 0.92, a quick ratio of 0.54 and a debt-to-equity ratio of 222.08.

McBride (LON:MCB - Get Free Report) last released its quarterly earnings results on Wednesday, September 17th. The company reported GBX 22.10 earnings per share for the quarter. McBride had a return on equity of 62.24% and a net margin of 3.56%. Equities research analysts expect that McBride will post 19.2307692 EPS for the current year.

McBride Company Profile

We are the leading European manufacturer and supplier of Private Label and Contract Manufactured products for the domestic household and professional cleaning and hygiene markets.