Marston's PLC (MARS) Stock Rating Reaffirmed by Shore Capital

Marston's PLC (LON:MARS)‘s stock had its “buy” rating reiterated by equities researchers at Shore Capital in a research note issued to investors on Tuesday.

Other research analysts have also recently issued research reports about the company. Liberum Capital reissued a “buy” rating and issued a GBX 140 ($1.84) price target on shares of Marston's PLC in a research note on Wednesday, July 26th. Canaccord Genuity decreased their price target on Marston's PLC from GBX 145 ($1.91) to GBX 130 ($1.71) and set a “hold” rating for the company in a research note on Wednesday, July 26th. Peel Hunt decreased their price target on Marston's PLC from GBX 160 ($2.10) to GBX 140 ($1.84) and set an “add” rating for the company in a research note on Thursday, July 13th. Deutsche Bank AG decreased their price target on Marston's PLC from GBX 145 ($1.91) to GBX 135 ($1.77) and set a “hold” rating for the company in a research note on Friday, June 23rd. Finally, Numis Securities Ltd reissued an “add” rating and issued a GBX 125 ($1.64) price target on shares of Marston's PLC in a research note on Tuesday. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 137.27 ($1.80).

Shares of Marston's PLC (MARS) opened at 107.00 on Tuesday. The firm’s market cap is GBX 615.68 million. The firm has a 50-day moving average price of GBX 108.90 and a 200-day moving average price of GBX 124.07. Marston's PLC has a 12-month low of GBX 101.40 and a 12-month high of GBX 147.70.

COPYRIGHT VIOLATION WARNING: “Marston's PLC (MARS) Stock Rating Reaffirmed by Shore Capital” was originally published by Markets Daily and is owned by of Markets Daily. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://www.themarketsdaily.com/2017/10/12/marstons-plc-mars-stock-rating-reaffirmed-by-shore-capital.html.

In other news, insider Ralph Graham Findlay bought 23,549 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was acquired at an average price of GBX 106 ($1.39) per share, with a total value of £24,961.94 ($32,818.75).

About Marston's PLC

Marston’s PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company’s segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services.

Analyst Recommendations for Marston's PLC (LON:MARS)

Receive News & Ratings for Marston's PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marston's PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply