McCarthy & Stone PLC (MCS) Earns Buy Rating from Analysts at Jefferies Group
Investment analysts at Jefferies Group initiated coverage on shares of McCarthy & Stone PLC (LON:MCS) in a report released on Tuesday. The firm set a “buy” rating and a GBX 249 ($3.08) price target on the stock. Jefferies Group’s price objective would indicate a potential upside of 52.76% from the stock’s previous close.
A number of other equities analysts have also recently commented on MCS. HSBC reiterated a “buy” rating and issued a GBX 330 ($4.08) target price on shares of McCarthy & Stone PLC in a report on Monday, June 27th. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 256 ($3.17) target price on shares of McCarthy & Stone PLC in a report on Tuesday, June 28th. Goldman Sachs Group Inc. reissued a “neutral” rating on shares of McCarthy & Stone PLC in a research note on Tuesday, June 28th. Peel Hunt reissued a “buy” rating and set a GBX 270 ($3.34) price target on shares of McCarthy & Stone PLC in a research note on Wednesday, June 29th. Finally, Barclays PLC decreased their price target on McCarthy & Stone PLC from GBX 279.40 ($3.46) to GBX 171.70 ($2.13) and set an “equal weight” rating for the company in a research note on Thursday, July 7th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 230.53 ($2.85).
Shares of McCarthy & Stone PLC (LON:MCS) opened at 173.8453 on Tuesday. The stock has a 50 day moving average price of GBX 178.98 and a 200-day moving average price of GBX 203.35. McCarthy & Stone PLC has a 1-year low of GBX 129.36 and a 1-year high of GBX 295.00. The stock’s market capitalization is GBX 893.22 million.
McCarthy & Stone PLC Company Profile
Mccarthy & Stone Plc is a United Kingdom-based retirement house builder of privately owned properties. The Company offers Retirement Living for over 60s, in which its services include taking care of homeowners’ lounge, landscaped gardens, guest suite and chores like gardening and exterior maintenance.
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