McCarthy & Stone PLC (MCS) Price Target Increased to GBX 219 by Analysts at Deutsche Bank AG
McCarthy & Stone PLC (LON:MCS) had its price objective boosted by Deutsche Bank AG from GBX 216 ($2.70) to GBX 219 ($2.74) in a report issued on Wednesday morning. Deutsche Bank AG currently has a hold rating on the stock.
Other equities research analysts have also issued reports about the company. Peel Hunt reduced their price target on McCarthy & Stone PLC from GBX 270 ($3.37) to GBX 235 ($2.94) and set a buy rating for the company in a report on Friday, September 2nd. Canaccord Genuity began coverage on McCarthy & Stone PLC in a report on Tuesday, October 11th. They set a buy rating and a GBX 185 ($2.31) price target for the company. Jefferies Group began coverage on McCarthy & Stone PLC in a report on Tuesday, October 11th. They set a buy rating and a GBX 249 ($3.11) price target for the company. Finally, Goldman Sachs Group Inc. reiterated a buy rating on shares of McCarthy & Stone PLC in a report on Monday. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of GBX 227.67 ($2.84).
McCarthy & Stone PLC (LON:MCS) traded up 1.54% during mid-day trading on Wednesday, hitting GBX 171.10. 485,974 shares of the stock were exchanged. McCarthy & Stone PLC has a one year low of GBX 129.36 and a one year high of GBX 295.00. The company’s market cap is GBX 919.34 billion. The company has a 50-day moving average price of GBX 168.78 and a 200-day moving average price of GBX 187.28.
The firm also recently declared a dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Thursday, January 5th will be given a GBX 3.50 ($0.04) dividend. This is an increase from McCarthy & Stone PLC’s previous dividend of $1.00. This represents a yield of 2.08%. The ex-dividend date is Thursday, January 5th.
About McCarthy & Stone PLC
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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