Marston's PLC (LON:MARS)‘s stock had its “hold” rating reissued by analysts at Canaccord Genuity in a note issued to investors on Thursday. They presently have a GBX 150 ($1.87) target price on the stock. Canaccord Genuity’s price objective suggests a potential upside of 12.61% from the stock’s current price.

A number of other analysts have also weighed in on MARS. Panmure Gordon reaffirmed a “buy” rating and set a GBX 175 ($2.19) price objective on shares of Marston's PLC in a research report on Wednesday, July 27th. Shore Capital reaffirmed a “buy” rating on shares of Marston's PLC in a research report on Wednesday, July 27th. JPMorgan Chase & Co. upped their price objective on Marston's PLC from GBX 150 ($1.87) to GBX 160 ($2.00) and gave the stock an “overweight” rating in a research report on Thursday, July 28th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 185 ($2.31) price objective on shares of Marston's PLC in a research report on Wednesday, July 27th. Finally, HSBC cut their price objective on Marston's PLC from GBX 150 ($1.87) to GBX 140 ($1.75) and set a “hold” rating on the stock in a research report on Monday, August 1st. Three research analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 162.08 ($2.02).

Analyst Recommendations for Marston's PLC (LON:MARS)

Marston's PLC (LON:MARS) opened at 132.90 on Thursday. Marston's PLC has a 52 week low of GBX 126.80 and a 52 week high of GBX 177.00. The stock’s market cap is GBX 763.38 million. The company has a 50-day moving average price of GBX 136.21 and a 200-day moving average price of GBX 142.25.

The firm also recently announced a dividend, which will be paid on Monday, January 30th. Stockholders of record on Thursday, December 15th will be issued a GBX 4.70 ($0.06) dividend. This represents a dividend yield of 3.56%. This is a boost from Marston's PLC’s previous dividend of $2.60. The ex-dividend date is Thursday, December 15th.

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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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