Marston's PLC (MARS) Rating Reiterated by Beaufort Securities
Marston's PLC (LON:MARS)‘s stock had its “buy” rating restated by stock analysts at Beaufort Securities in a report released on Thursday.
MARS has been the topic of several other reports. Canaccord Genuity restated a “hold” rating and issued a GBX 150 ($1.86) target price on shares of Marston's PLC in a research note on Wednesday. Panmure Gordon restated a “buy” rating and issued a GBX 175 ($2.17) target price on shares of Marston's PLC in a research note on Wednesday, July 27th. Shore Capital restated a “buy” rating on shares of Marston's PLC in a research note on Wednesday, July 27th. JPMorgan Chase & Co. boosted their target price on Marston's PLC from GBX 150 ($1.86) to GBX 160 ($1.98) and gave the company an “overweight” rating in a research note on Thursday, July 28th. Finally, Numis Securities Ltd restated a “buy” rating and issued a GBX 185 ($2.29) target price on shares of Marston's PLC in a research note on Wednesday, July 27th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 162.08 ($2.01).
Marston's PLC (LON:MARS) opened at 140.70 on Thursday. Marston's PLC has a one year low of GBX 126.80 and a one year high of GBX 177.00. The firm’s market capitalization is GBX 808.18 million. The firm has a 50-day moving average price of GBX 145.46 and a 200-day moving average price of GBX 145.43.
About Marston's PLC
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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