McCarthy & Stone PLC (MCS) Price Target Lowered to GBX 246 at Jefferies Group
McCarthy & Stone PLC (LON:MCS) had its target price trimmed by Jefferies Group from GBX 249 ($3.11) to GBX 246 ($3.07) in a report issued on Wednesday morning. The firm currently has a buy rating on the stock.
MCS has been the subject of a number of other reports. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 215 ($2.69) price objective on shares of McCarthy & Stone PLC in a research report on Friday, September 2nd. Goldman Sachs Group Inc. reaffirmed a buy rating and issued a GBX 227 ($2.84) price objective on shares of McCarthy & Stone PLC in a research report on Monday, September 12th. Peel Hunt dropped 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. Finally, Canaccord Genuity assumed 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. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of GBX 227.67 ($2.84).
Shares of McCarthy & Stone PLC (LON:MCS) traded up 1.54% during mid-day trading on Wednesday, reaching GBX 171.10. The company’s stock had a trading volume of 485,974 shares. The firm’s market cap is GBX 919.34 billion. McCarthy & Stone PLC has a 52-week low of GBX 129.36 and a 52-week high of GBX 295.00. The firm has a 50 day moving average price of GBX 168.78 and a 200 day moving average price of GBX 187.28.
The business also recently disclosed a dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Thursday, January 5th will be paid a dividend of GBX 3.50 ($0.04) per share. This represents a yield of 2.08%. The ex-dividend date is Thursday, January 5th. This is a positive change from McCarthy & Stone PLC’s previous dividend of $1.00.
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.
Receive News & Stock Ratings for McCarthy & Stone PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McCarthy & Stone PLC and related stocks with our FREE daily email newsletter.