Shares of Marston’s PLC (LON:MARS) reached a new 52-week high on Thursday . The company traded as high as GBX 125.70 ($1.64) and last traded at GBX 125.40 ($1.64), with a volume of 3428625 shares. The stock had previously closed at GBX 122.60 ($1.60).
A number of equities research analysts recently weighed in on MARS shares. JPMorgan Chase & Co. lifted their target price on Marston’s from GBX 123 ($1.61) to GBX 127 ($1.66) and gave the stock an “overweight” rating in a research report on Wednesday, May 15th. Berenberg Bank reissued a “hold” rating and set a GBX 110 ($1.44) target price on shares of Marston’s in a research report on Monday, July 29th. Shore Capital restated a “buy” rating on shares of Marston’s in a research note on Wednesday, July 24th. Liberum Capital restated a “buy” rating on shares of Marston’s in a research note on Wednesday, July 24th. Finally, Numis Securities restated an “add” rating and set a GBX 120 ($1.57) price target on shares of Marston’s in a research note on Wednesday, May 15th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. Marston’s has a consensus rating of “Hold” and a consensus price target of GBX 114.57 ($1.50).
The stock has a market cap of $824.13 million and a P/E ratio of 10.83. The company has a debt-to-equity ratio of 200.11, a current ratio of 0.54 and a quick ratio of 0.44. The business’s 50 day simple moving average is GBX 112.88 and its 200 day simple moving average is GBX 105.77.
Marston's PLC operates managed, franchised, tenanted, and leased pubs and bars in the United Kingdom and internationally. The company operates through Destination and Premium, Taverns, Leased, and Brewing segments. It provides premium cask and bottled beers through its five breweries. The company is also involved in the property management and development, telecommunications, and insurance businesses.
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