Marston’s’ (MARS) Buy Rating Reaffirmed at Shore Capital Group

Marston’s (LON:MARS)‘s stock had its “buy” rating restated by Shore Capital Group in a report issued on Friday,Digital Look reports. They currently have a GBX 90 price objective on the stock. Shore Capital Group’s target price suggests a potential upside of 81.09% from the company’s current price.

Separately, JPMorgan Chase & Co. reduced their price target on shares of Marston’s from GBX 85 to GBX 81 and set an “overweight” rating on the stock in a report on Tuesday, April 28th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 81.50.

Marston’s Price Performance

LON MARS traded down GBX 1.20 during trading hours on Friday, reaching GBX 49.70. The company’s stock had a trading volume of 997,050 shares, compared to its average volume of 3,759,680. The firm’s 50-day moving average price is GBX 49.07 and its 200-day moving average price is GBX 55.57. The company has a quick ratio of 0.23, a current ratio of 0.30 and a debt-to-equity ratio of 154.69. Marston’s has a 1 year low of GBX 35.88 and a 1 year high of GBX 69.20. The company has a market capitalization of £314.53 million, a price-to-earnings ratio of 4.25, a PEG ratio of -0.16 and a beta of 0.91.

Marston’s (LON:MARS) last announced its quarterly earnings data on Tuesday, May 12th. The company reported GBX 2.30 earnings per share (EPS) for the quarter. Marston’s had a net margin of 8.35% and a return on equity of 9.30%. The business had revenue of £422.70 million during the quarter. On average, equities research analysts predict that Marston’s will post 8.364486 EPS for the current fiscal year.

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.