Deutsche Bank AG Reiterates Buy Rating for McCarthy & Stone PLC (MCS)
McCarthy & Stone PLC (LON:MCS)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank AG in a research report issued on Friday. They currently have a GBX 215 ($2.78) target price on the stock. Deutsche Bank AG’s price target would suggest a potential upside of 29.99% from the stock’s previous close.
Other analysts have also issued research reports about the company. Canaccord Genuity decreased their price objective on McCarthy & Stone PLC from GBX 195 ($2.52) to GBX 187 ($2.42) and set a “buy” rating on the stock in a report on Monday, August 7th. Jefferies Group LLC lifted their price objective on McCarthy & Stone PLC from GBX 263 ($3.40) to GBX 273 ($3.53) and gave the stock a “buy” rating in a report on Friday, July 7th. Peel Hunt decreased their price target on McCarthy & Stone PLC from GBX 225 ($2.91) to GBX 220 ($2.85) and set a “buy” rating on the stock in a research note on Wednesday, July 5th. Numis Securities Ltd initiated coverage on McCarthy & Stone PLC in a research note on Thursday, June 1st. They issued a “hold” rating and a GBX 197 ($2.55) price target on the stock. Finally, Barclays PLC lowered McCarthy & Stone PLC to an “underweight” rating and decreased their price target for the company from GBX 182 ($2.35) to GBX 160 ($2.07) in a research note on Thursday, July 13th. Two analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 204.78 ($2.65).
Shares of McCarthy & Stone PLC (LON MCS) opened at 165.40 on Friday. The company’s 50 day moving average price is GBX 167.84 and its 200 day moving average price is GBX 179.54. McCarthy & Stone PLC has a 52-week low of GBX 152.08 and a 52-week high of GBX 211.40. The firm’s market capitalization is GBX 888.69 million.
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About McCarthy & Stone PLC
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