McCarthy & Stone PLC (LON:MCS) had its target price reduced by Peel Hunt from GBX 235 ($2.94) to GBX 215 ($2.69) in a report issued on Tuesday morning. They currently have a buy rating on the stock.

MCS has been the subject of several other research reports. Deutsche Bank AG reaffirmed a hold rating and set a GBX 216 ($2.70) price objective on shares of McCarthy & Stone PLC in a research note on Tuesday, November 8th. Canaccord Genuity began coverage on shares of McCarthy & Stone PLC in a research note on Tuesday, October 11th. They set a buy rating and a GBX 185 ($2.31) price objective for the company. Goldman Sachs Group Inc. reaffirmed a buy rating on shares of McCarthy & Stone PLC in a research note on Monday. Finally, Jefferies Group began coverage on shares of McCarthy & Stone PLC in a research note on Tuesday, October 11th. They set a buy rating and a GBX 249 ($3.11) price objective for the company. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of GBX 227.67 ($2.84).

McCarthy & Stone PLC (LON:MCS) traded up 0.06% during mid-day trading on Tuesday, hitting GBX 168.50. 855,233 shares of the stock traded hands. The stock has a 50-day moving average price of GBX 168.78 and a 200-day moving average price of GBX 187.28. The stock’s market cap is GBX 865.75 million. McCarthy & Stone PLC has a 12 month low of GBX 129.36 and a 12 month high of GBX 295.00.

The business also recently disclosed a dividend, which will be paid on Wednesday, February 1st. Investors of record on Thursday, January 5th will be given a dividend of GBX 3.50 ($0.04) per share. The ex-dividend date of this dividend is Thursday, January 5th. This represents a dividend yield of 2.08%. This is a boost from McCarthy & Stone PLC’s previous dividend of $1.00.

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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