Marston's PLC (MARS) Receives Overweight Rating from JPMorgan Chase & Co.
Other equities analysts also recently issued research reports about the company. Panmure Gordon reiterated a buy rating and issued a GBX 175 ($2.17) price objective on shares of Marston's PLC in a report on Wednesday, July 27th. Numis Securities Ltd reiterated a buy rating and issued a GBX 185 ($2.29) price objective on shares of Marston's PLC in a report on Wednesday, July 27th. Canaccord Genuity reiterated a hold rating and issued a GBX 175 ($2.17) price objective on shares of Marston's PLC in a report on Wednesday, June 29th. Beaufort Securities reiterated a buy rating on shares of Marston's PLC in a report on Thursday. Finally, HSBC decreased their price objective on Marston's PLC from GBX 150 ($1.86) to GBX 140 ($1.73) and set a hold rating for the company in a report on Monday, August 1st. Three equities research 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. The company 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) traded up 1.9143% during trading on Thursday, hitting GBX 141.2532. 2,030,799 shares of the company were exchanged. Marston's PLC has a 1-year low of GBX 126.80 and a 1-year high of GBX 177.00. The stock’s market capitalization is GBX 811.36 million. The company has a 50 day moving average of GBX 145.26 and a 200-day moving average of GBX 145.38.
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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