JPMorgan Chase & Co. reiterated their overweight rating on shares of Marston's (LON:MARS) in a research report released on Wednesday morning. They currently have a GBX 130 ($1.76) price objective on the stock.

A number of other research firms have also recently weighed in on MARS. Deutsche Bank boosted their target price on shares of Marston's from GBX 110 ($1.49) to GBX 115 ($1.56) and gave the stock a hold rating in a research note on Tuesday, December 12th. Peel Hunt boosted their target price on shares of Marston's from GBX 130 ($1.76) to GBX 140 ($1.90) and gave the stock a buy rating in a research note on Wednesday, December 6th. Canaccord Genuity boosted their target price on shares of Marston's from GBX 110 ($1.49) to GBX 115 ($1.56) and gave the stock a hold rating in a research note on Wednesday, December 6th. Berenberg Bank decreased their target price on shares of Marston's from GBX 120 ($1.63) to GBX 115 ($1.56) and set a hold rating on the stock in a research note on Monday, January 8th. Finally, Liberum Capital reaffirmed a buy rating and set a GBX 140 ($1.90) target price on shares of Marston's in a research note on Thursday, November 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the stock. Marston's currently has an average rating of Hold and a consensus target price of GBX 123 ($1.67).

Marston's (MARS) opened at GBX 114.10 ($1.55) on Wednesday. Marston's has a 1 year low of GBX 99.85 ($1.35) and a 1 year high of GBX 147.70 ($2.00). The company has a market cap of $723.31 and a P/E ratio of 815.00.

The business also recently announced a dividend, which will be paid on Monday, January 29th. Shareholders of record on Thursday, December 14th will be paid a dividend of GBX 4.80 ($0.07) per share. This represents a dividend yield of 4.11%. The ex-dividend date of this dividend is Thursday, December 14th. This is a boost from Marston's’s previous dividend of $2.70.

In related news, insider Ralph Graham Findlay bought 165,438 shares of the firm’s stock in a transaction on Tuesday, December 5th. The shares were purchased at an average price of GBX 120 ($1.63) per share, with a total value of £198,525.60 ($269,223.76).

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About Marston's

Marston’s PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company’s segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services.

Analyst Recommendations for Marston's (LON:MARS)

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