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McBride ( (GB:MCB) ) has shared an announcement.
McBride plc announced the redemption and cancellation of 71,277,800 B Shares as part of its B Share Scheme. This action affects the company’s total voting rights, with the number of Ordinary Shares with voting rights now standing at 178,517,862, which is relevant for shareholders calculating their interests under the FCA’s Disclosure and Transparency Rules.
The most recent analyst rating on (GB:MCB) stock is a Hold with a £138.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.
Spark’s Take on GB:MCB Stock
According to Spark, TipRanks’ AI Analyst, GB:MCB is a Neutral.
McBride’s overall stock score reflects strong earnings call performance and attractive valuation. However, financial performance is hindered by high leverage and inconsistent revenue growth, while technical indicators suggest caution.
To see Spark’s full report on GB:MCB stock, click here.
More about McBride
Average Trading Volume: 439,368
Technical Sentiment Signal: Buy
Current Market Cap: £218.8M
For a thorough assessment of MCB stock, go to TipRanks’ Stock Analysis page.