McColl's Retail Group PLC’s (MCLS) “Buy” Rating Reiterated at Liberum Capital

McColl's Retail Group PLC (LON:MCLS)‘s stock had its “buy” rating reiterated by Liberum Capital in a note issued to investors on Tuesday, August 1st. They presently have a GBX 240 ($3.12) target price on the stock. Liberum Capital’s price objective points to a potential downside of 6.61% from the stock’s previous close.

Several other research analysts also recently commented on the company. Peel Hunt raised their target price on McColl's Retail Group PLC from GBX 300 ($3.89) to GBX 325 ($4.22) and gave the stock a “buy” rating in a research note on Tuesday, August 1st. Beaufort Securities raised McColl's Retail Group PLC to a “hold” rating and raised their price target for the company from GBX 150 ($1.95) to GBX 220 ($2.86) in a report on Tuesday, July 25th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 240 ($3.12) price target on shares of McColl's Retail Group PLC in a report on Tuesday, May 23rd.

McColl's Retail Group PLC (MCLS) traded up 1.68% on Tuesday, reaching GBX 257.00. The company had a trading volume of 16,887 shares. The stock’s 50-day moving average price is GBX 226.58 and its 200-day moving average price is GBX 202.22. The stock’s market capitalization is GBX 295.99 million. McColl's Retail Group PLC has a 12-month low of GBX 162.50 and a 12-month high of GBX 272.00.

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About McColl's Retail Group PLC

McColl’s Retail Group plc is a neighborhood retailer. The Company operates approximately 1,375 convenience stores and newsagents. The Company also operates over 1,00 McColl’s branded United Kingdom convenience stores, as well as over 370 newsagents branded Martin’s, except in Scotland where it operates under its heritage brand, RS McColl.

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