Marston's PLC (MARS) Price Target Increased to GBX 182 by Analysts at N+1 Singer
Marston's PLC (LON:MARS) had its price objective hoisted by N+1 Singer from GBX 170 ($2.10) to GBX 182 ($2.25) in a report published on Wednesday morning. The firm currently has a buy rating on the stock.
A number of other equities analysts have also recently issued reports on the stock. Numis Securities Ltd cut their target price on shares of Marston's PLC from GBX 185 ($2.29) to GBX 165 ($2.04) and set an add rating on the stock in a report on Wednesday. Panmure Gordon reaffirmed a buy rating and set a GBX 175 ($2.17) price target on shares of Marston's PLC in a report on Thursday, September 15th. HSBC cut their price target on Marston's PLC from GBX 150 ($1.86) to GBX 140 ($1.73) and set a hold rating on the stock in a report on Monday, August 1st. JPMorgan Chase & Co. lifted their price target on Marston's PLC from GBX 150 ($1.86) to GBX 160 ($1.98) and gave the company an overweight rating in a report on Thursday, July 28th. Finally, Shore Capital reaffirmed a buy rating on shares of Marston's PLC in a report on Wednesday, July 27th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 162.08 ($2.01).
Shares of Marston's PLC (LON:MARS) opened at 139.80 on Wednesday. Marston's PLC has a 12-month low of GBX 126.80 and a 12-month high of GBX 177.00. The firm’s market cap is GBX 803.01 million. The company has a 50 day moving average price of GBX 145.46 and a 200-day moving average price of GBX 145.43.
Marston's PLC Company Profile
Marston’s PLC, engaged in the United Kingdom, is engaged in the operations of managed, tenanted, leased and franchised public houses, brewing beer and selling beer, wines, spirits and soft drinks. It operates around 2,000 pubs and bars across the United Kingdom. It operates five breweries: Banks’s Brewery in Wolverhampton; Marston’s Brewery in Burton upon Trent; Jennings Brewery in the Lake District; Ringwood Brewery in Hampshire, and Wychwood Brewery in Oxfordshire.
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