McBride plc 29.5% potential upside indicated by Peel Hunt LLP

Broker Ratings

McBride plc with ticker (LON:MCB) now has a potential upside of 29.5% according to Peel Hunt LLP.

Peel Hunt LLP set a target price of 89 GBX for the company, which when compared to the McBride plc share price of 63 GBX at opening today (21/10/2021) indicates a potential upside of 29.5%. Trading has ranged between 59 (52 week low) and 98 (52 week high) with an average of 118,990 shares exchanging hands daily. The market capitalisation at the time of writing is £108,565,742.

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 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. The Company’s brands include Surcare, Clean and Fresh, McBride Direct, Limelite and Ovenpride. Its Surcare product range includes Surcare Sensitive Capsules, Surcare Sensitive Non-Bio Powder, Surcare Sensitive Non-Bio Powder and Surcare Sensitive Fabric Conditioner. The Company operates approximately 18 manufacturing sites in over 12 countries.

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