Marston’s (LON:MARS) Rating Reaffirmed
Marston’s (LON:MARS) just had their share rating of a ‘Sell’ issued by research analysts at Goldman Sachs, who now has a GBX 130.00 PT on the 1000.00M GBP market cap company or a -25.63% downside potential. This key information was revealed to investors in an analyst note on Monday, 7 December.
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 -3.88% below today’s (GBX 174.7) stock price. Marston’s PLC was the topic of 40 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 7 with “Hold” rating. Numis Securities maintained shares with “Add” rating and GBX 180 target share price in a report from a November 26. Barclays Capital maintained MARS stock in a recent report from November 27 with “Underweight” rating. Goodbody maintained the rating on November 19. Goodbody has a “Sell” rating and a GBX 135 price target on shares. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on a November 27.
Approximately 781,071 shares of stock traded hands. Marston’s PLC (LON:MARS) has risen 3.14% since May 8, 2015 and is uptrending. It has outperformed by 4.22% 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 1000.00 million GBP. It operates around 2,000 pubs and bars across the United Kingdom. It has 44.84 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.