Deutsche Bank AG reissued their buy rating on shares of McCarthy & Stone plc (LON:MCS) in a report issued on Thursday morning, MarketBeat reports.

Other analysts have also issued research reports about the stock. Numis Securities Ltd reduced their price target on shares of McCarthy & Stone from GBX 179 ($2.35) to GBX 164 ($2.16) and set a hold rating on the stock in a research report on Tuesday, November 14th. Peel Hunt reaffirmed a buy rating and set a GBX 205 ($2.70) price target on shares of McCarthy & Stone in a research report on Tuesday, November 14th. reduced their price target on shares of McCarthy & Stone from GBX 179 ($2.35) to GBX 164 ($2.16) and set a hold rating on the stock in a research report on Tuesday, November 14th. Canaccord Genuity reduced their price target on shares of McCarthy & Stone from GBX 195 ($2.56) to GBX 187 ($2.46) and set a buy rating on the stock in a research report on Monday, August 7th. Finally, Barclays PLC reaffirmed an underweight rating and set a GBX 152 ($2.00) price target on shares of McCarthy & Stone in a research report on Friday, September 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. McCarthy & Stone currently has an average rating of Buy and a consensus price target of GBX 199.89 ($2.63).

Shares of McCarthy & Stone (LON MCS) opened at GBX 159.40 ($2.10) on Thursday. McCarthy & Stone has a 12-month low of GBX 143.90 ($1.89) and a 12-month high of GBX 199.60 ($2.63).

McCarthy & Stone (LON:MCS) last released its quarterly earnings results on Tuesday, November 14th. The company reported GBX 13.80 ($0.18) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 14 ($0.18) by GBX (0.20) ($0.00). The firm had revenue of £660.90 million for the quarter. McCarthy & Stone had a net margin of 7.39% and a return on equity of 5.04%.

In other news, insider John White bought 100,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were bought at an average price of GBX 158 ($2.08) per share, with a total value of £158,000 ($207,812.71).

COPYRIGHT VIOLATION WARNING: “Deutsche Bank AG Reaffirms “Buy” Rating for McCarthy & Stone plc (MCS)” was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://www.watchlistnews.com/deutsche-bank-ag-reaffirms-buy-rating-for-mccarthy-stone-plc-mcs/1726785.html.

McCarthy & Stone Company Profile

Analyst Recommendations for McCarthy & Stone (LON:MCS)

Receive News & Ratings for McCarthy & Stone plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McCarthy & Stone plc and related companies with Analyst Ratings Network's FREE daily email newsletter.