Should Investors Be Buying Marston’s PLC (LON:MARS) Shares? Goodbody Has Just Upgraded The Stock

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Marston’s PLC (LON:MARS) Stock Upgrade

Shares of Marston’s PLC (LON:MARS) stock were hiked to a “Hold” by professional analysts at Goodbody, who now have a target set at GBX 160.00 on MARS. This target is -3.64% from MARS’s current share price.

From a total of 14 analysts covering Marston’s PLC (LON:MARS) stock, 6 rate it a ”Buy”, 4 a “Sell”, and 5 a ”Hold”. This means that 40% of the ratings are positive. The highest target price is GBX 185 while the lowest target price is GBX 130. The mean of all analyst targets is GBX 162.43 with a 0.54% above today’s (GBX 165.03) stock price. Marston’s PLC was the topic of 42 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. N+1 Singer maintained shares on December 16 with “Buy” rating. JP Morgan maintained shares with “Neutral” rating and GBX 170 target share price in a report from a November 27. Deutsche Bank maintained MARS stock in a recent report from December 7 with “Hold” rating. Numis Securities maintained the rating on November 26. Numis Securities has a “Add” rating and a GBX 180 price target on shares. Finally, Barclays Capital maintained the stock with “Underweight” rating in a report issued on a November 27.

Approximately 156,445 shares of stock traded hands. Marston’s PLC (LON:MARS) has declined 0.47% since May 20, 2015 and is downtrending. It has outperformed by 1.79% the S&P500.

 Should Investors Be Buying Marston's PLC (LON:MARS) Shares? Goodbody Has Just Upgraded The Stock

Marston’s PLC, engaged in the United Kingdom, is engaged in the activities of managed, tenanted, leased and franchised public houses, brewing beer and selling beer, wines, spirits and soft drinks. The company has a market cap of 915.07 million GBP. It operates around 2,000 pubs and bars across the United Kingdom. It has 42.36 P/E ratio. 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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