McCarthy & Stone PLC (MCS) Given Consensus Recommendation of “Hold” by Brokerages

McCarthy & Stone PLC (LON:MCS) has received an average recommendation of “Hold” from the eight analysts that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 126 ($1.65).

A number of research analysts have weighed in on MCS shares. UBS Group reaffirmed a “sell” rating and issued a GBX 102 ($1.33) price objective on shares of McCarthy & Stone in a research note on Thursday, September 6th. Peel Hunt raised their price objective on shares of McCarthy & Stone from GBX 135 ($1.76) to GBX 150 ($1.96) and gave the company a “buy” rating in a research note on Tuesday, September 25th. Deutsche Bank raised their price objective on shares of McCarthy & Stone from GBX 165 ($2.16) to GBX 168 ($2.20) and gave the company a “buy” rating in a research note on Thursday, August 30th. Barclays raised their price objective on shares of McCarthy & Stone from GBX 93 ($1.22) to GBX 125 ($1.63) and gave the company an “underweight” rating in a research note on Tuesday, November 20th. Finally, Berenberg Bank raised their price objective on shares of McCarthy & Stone from GBX 110 ($1.44) to GBX 120 ($1.57) and gave the company a “hold” rating in a research note on Tuesday, October 2nd.

Shares of LON MCS opened at GBX 135.20 ($1.77) on Tuesday. McCarthy & Stone has a 12-month low of GBX 130.90 ($1.71) and a 12-month high of GBX 197.60 ($2.58).

McCarthy & Stone (LON:MCS) last released its quarterly earnings data on Tuesday, November 13th. The company reported GBX 9.20 ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 9.70 ($0.13) by GBX (0.50) (($0.01)).

The firm also recently disclosed a dividend, which will be paid on Friday, February 1st. Shareholders of record on Thursday, January 3rd will be paid a GBX 3.50 ($0.05) dividend. This represents a dividend yield of 2.56%. This is a positive change from McCarthy & Stone’s previous dividend of $1.90. The ex-dividend date is Thursday, January 3rd.

McCarthy & Stone Company Profile

McCarthy & Stone plc, together with its subsidiaries, operates as a retirement housing market in the United Kingdom. The company builds, sells, and manages retirement developments. It offers retirement living developments, which provides apartments for homeowners aged 60 and over; retirement living plus developments, which are designed for customers aged 70 and over, as well as offers a retirement apartment with management services, domestic assistance, personal care, and additional support; and lifestyle living for customers aged 55 and over.

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Analyst Recommendations for McCarthy & Stone (LON:MCS)

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