McCarthy & Stone (LON:MCS) had its price objective cut by Berenberg Bank from GBX 150 ($1.97) to GBX 140 ($1.84) in a research report released on Monday morning, Digital Look reports. The brokerage currently has a hold rating on the stock.

MCS has been the subject of a number of other research reports. Deutsche Bank boosted their price objective on shares of McCarthy & Stone from GBX 154 ($2.03) to GBX 170 ($2.24) and gave the company a buy rating in a research report on Wednesday, January 29th. Canaccord Genuity cut shares of McCarthy & Stone to a sell rating and upped their target price for the stock from GBX 133 ($1.75) to GBX 134 ($1.76) in a research report on Tuesday, January 7th. UBS Group restated a sell rating and issued a GBX 132 ($1.74) target price (up previously from GBX 125 ($1.64)) on shares of McCarthy & Stone in a research report on Tuesday, February 4th. Peel Hunt restated a buy rating and issued a GBX 155 ($2.04) target price on shares of McCarthy & Stone in a research report on Friday, October 25th. Finally, Jefferies Financial Group cut shares of McCarthy & Stone to a hold rating and decreased their target price for the stock from GBX 171 ($2.25) to GBX 168 ($2.21) in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. McCarthy & Stone currently has an average rating of Hold and a consensus target price of GBX 153.63 ($2.02).

Shares of LON:MCS opened at GBX 157.20 ($2.07) on Monday. The company has a quick ratio of 0.38, a current ratio of 5.85 and a debt-to-equity ratio of 11.74. McCarthy & Stone has a fifty-two week low of GBX 121.40 ($1.60) and a fifty-two week high of GBX 159.90 ($2.10). The firm has a 50-day simple moving average of GBX 148.74 and a 200 day simple moving average of GBX 143.95. The company has a market cap of $842.58 million and a PE ratio of 28.07.

The firm also recently announced a dividend, which will be paid on Friday, April 3rd. Investors of record on Thursday, March 5th will be paid a dividend of GBX 3.50 ($0.05) per share. The ex-dividend date of this dividend is Thursday, March 5th. This is a positive change from McCarthy & Stone’s previous dividend of $1.90. This represents a yield of 2.25%. McCarthy & Stone’s dividend payout ratio is currently 0.89%.

McCarthy & Stone Company Profile

McCarthy & Stone plc, together with its subsidiaries, operates as a retirement housing market in the United Kingdom. The company builds, sells, and manages retirement developments. It offers retirement living developments, which provide apartments for customers aged 60 and over; retirement living plus developments, which are designed for customers aged 70 and over, as well as offers retirement properties with management services, domestic assistance, personal care, and additional support; and lifestyle living developments for customers aged 55 and over.

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Analyst Recommendations for McCarthy & Stone (LON:MCS)

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