Canaccord Genuity Increases McCarthy & Stone PLC (MCS) Price Target to GBX 190
McCarthy & Stone PLC (LON:MCS) had its target price raised by Canaccord Genuity from GBX 185 ($2.31) to GBX 190 ($2.37) in a report issued on Friday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target would suggest a potential upside of 11.31% from the stock’s previous close.
Other research analysts also recently issued reports about the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 235 ($2.94) price target on shares of McCarthy & Stone PLC in a research note on Tuesday, October 11th. Deutsche Bank AG upped their price target on McCarthy & Stone PLC from GBX 216 ($2.70) to GBX 219 ($2.74) and gave the stock a “hold” rating in a research note on Wednesday, November 16th. Jefferies Group dropped their price target on McCarthy & Stone PLC from GBX 249 ($3.11) to GBX 246 ($3.07) and set a “buy” rating on the stock in a research note on Wednesday, November 16th. Finally, Goldman Sachs Group Inc. reissued a “buy” rating and set a GBX 218 ($2.72) price objective (down from GBX 227 ($2.84)) on shares of McCarthy & Stone PLC in a report on Monday, November 14th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of GBX 227.10 ($2.84).
Shares of McCarthy & Stone PLC (LON:MCS) opened at 170.84 on Friday. McCarthy & Stone PLC has a 12-month low of GBX 129.36 and a 12-month high of GBX 295.00. The firm’s market capitalization is GBX 877.77 million. The company’s 50-day moving average price is GBX 169.34 and its 200 day moving average price is GBX 186.10.
The firm also recently announced a dividend, which will be paid on Wednesday, February 1st. Stockholders of record on Thursday, January 5th will be issued a GBX 3.50 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, January 5th. This is a positive change from McCarthy & Stone PLC’s previous dividend of $1.00. This represents a dividend yield of 2.08%.
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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