Marston’s PLC (LON:MARS) Rating Reaffirmed
Recently, In a recent research report revealed to clients on Friday, 27 November, Marston’s PLC (LON:MARS) shares have had their Underweight Rating has decided to restate by expert analysts at Barclays Capital, who currently has a GBX 140.00 Estimated Target Price on firm. This target by Barclays Capital may imply the possibile downside of -17.40% from the price per share.
From a total of 12 analysts covering Marston’s PLC (LON:MARS) stock, 6 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 180 while the lowest target price is GBX 135. The mean of all analyst targets is GBX 168.50 with a -0.24% below today’s (GBX 168.9) stock price. Marston’s PLC was the topic of 36 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on November 27 with “Neutral” rating. Goodbody maintained shares with “Sell” rating and GBX 135 target share price in a report from a November 19. Shore Capital maintained MARS stock in a recent report from November 26 with “Buy” rating. Jefferies maintained the rating on October 15. Jefferies has a “Buy” rating and a GBX 180 price target on shares. Finally, Canaccord Genuity maintained the stock with “Hold” rating in a report issued on a November 26.
Approximately 170,034 shares of stock traded hands. Marston’s PLC (LON:MARS) has risen 6.76% since April 30, 2015 and is uptrending. It has outperformed by 8.12% the S&P500.
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 971.34 million GBP. It operates around 2,000 pubs and bars across the United Kingdom. It has 43.35 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.