Marston’s PLC (LON:MARS) insider Bridget Lea purchased 25,000 shares of the business’s stock in a transaction on Friday, June 26th. The stock was acquired at an average price of GBX 62 ($0.76) per share, with a total value of £15,500 ($19,074.58).
MARS stock opened at GBX 57.60 ($0.71) on Tuesday. The company has a market cap of $386.31 million and a price-to-earnings ratio of -20.89. The company has a quick ratio of 0.21, a current ratio of 0.36 and a debt-to-equity ratio of 206.36. The business has a fifty day simple moving average of GBX 53.90 and a 200-day simple moving average of GBX 78.97. Marston’s PLC has a 52 week low of GBX 18.40 ($0.23) and a 52 week high of GBX 133.80 ($1.65).
MARS has been the subject of several analyst reports. Shore Capital reiterated an “under review” rating on shares of Marston’s in a report on Tuesday, May 26th. Liberum Capital reiterated a “buy” rating on shares of Marston’s in a report on Friday. Berenberg Bank initiated coverage on Marston’s in a report on Monday, May 18th. They issued a “hold” rating and a GBX 50 ($0.62) price target for the company. JPMorgan Chase & Co. cut their price target on Marston’s from GBX 128 ($1.58) to GBX 57 ($0.70) and set a “neutral” rating for the company in a report on Thursday, April 30th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 95 ($1.17) price target on shares of Marston’s in a report on Tuesday, June 9th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. Marston’s presently has a consensus rating of “Hold” and an average target price of GBX 67.80 ($0.83).
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.
Receive News & Ratings for Marston's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marston's and related companies with MarketBeat.com's FREE daily email newsletter.