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McBride Group: up 680%, Interims next Tuesday, shares 165p, on 7.6 x earnings, TP 235p 

Mark Watson-Mitchell
By Mark Watson-Mitchell

The shares of the McBride Group (LON:MCB) put on 6p yesterday, to close nearly 4% higher at 165p, the highest level since 2018 – so what is going on?  Could it be anticipation of a good set of Interim Results to be announced next Tuesday morning, 24th February?  I featured this group at the end of February 2023, when its shares were just 24p, so the subsequent increase in price, up 680% in those three years, has been more than pleasing.  And I still consider them to be very cheaply rated!  The £291m-capit...

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