Marston’s (LON:MARS) Stock Price Up 14.7% – What’s Next?

Marston’s PLC (LON:MARS)’s stock price traded up 14.7% on Tuesday. The company traded as high as GBX 56.20 and last traded at GBX 53. 17,042,404 shares were traded during mid-day trading, an increase of 428% from the average session volume of 3,228,835 shares. The stock had previously closed at GBX 46.20.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “buy” rating and issued a GBX 90 price objective on shares of Marston’s in a research note on Tuesday, July 21st. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 81.50.

Marston’s Stock Up 14.7%

The stock has a market capitalization of £337.52 million, a PE ratio of 4.53, a PEG ratio of -0.16 and a beta of 0.91. The firm’s fifty day moving average is GBX 48.95 and its 200-day moving average is GBX 50.33. The company has a quick ratio of 0.23, a current ratio of 0.30 and a debt-to-equity ratio of 154.69.

About Marston’s

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007. The company was founded in 1834 and is based in Wolverhampton, the United Kingdom.