Marston’s (LON:MARS) Rating Reaffirmed
They currently have a GBX 182 price target on Marston’s (LON:MARS). The target price by N+1 Singer Ltd would suggest a potential upside of 8.20% from the company’s close price. This has been revealed to clients and investors in a recent report on Wednesday, 16 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 -1.79% below today’s (GBX 168) stock price. Marston’s PLC was the topic of 41 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs maintained shares on December 7 with “Sell” rating. JP Morgan maintained shares with “Neutral” rating and GBX 170 target share price in a report from a November 27. Canaccord Genuity maintained MARS stock in a recent report from November 30 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, Beaufort Securities maintained the stock with “Buy” rating in a report issued on a November 27.
Approximately 422,381 shares of stock traded hands. Marston’s PLC (LON:MARS) has declined 3.77% since May 19, 2015 and is downtrending. It has underperformed by 1.14% 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 967.47 million GBP. It operates around 2,000 pubs and bars across the United Kingdom. It has 43.12 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.