Marston’s’ (MARS) “Buy” Rating Reaffirmed at Peel Hunt
Marston’s (LON:MARS)‘s stock had its “buy” rating reiterated by stock analysts at Peel Hunt in a research note issued to investors on Monday.
Several other equities analysts also recently weighed in on the company. Berenberg Bank reduced their price target on Marston’s from GBX 115 ($1.48) to GBX 105 ($1.35) and set a “hold” rating for the company in a report on Monday, August 6th. Citigroup restated a “sell” rating on shares of Marston’s in a report on Monday, September 3rd. Liberum Capital reiterated a “buy” rating on shares of Marston’s in a report on Wednesday, June 6th. Shore Capital reiterated a “buy” rating on shares of Marston’s in a report on Wednesday, July 25th. Finally, Barclays reduced their price objective on Marston’s from GBX 115 ($1.48) to GBX 90 ($1.16) and set an “underweight” rating for the company in a report on Friday, May 18th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 116.50 ($1.50).
Shares of LON:MARS opened at GBX 95.45 ($1.23) on Monday. Marston’s has a 1-year low of GBX 99.85 ($1.29) and a 1-year high of GBX 147.70 ($1.91).
Marston's PLC operates managed, franchised, tenanted, and leased pubs and bars in the United Kingdom and internationally. The company operates through Destination and Premium, Taverns, Leased, and Brewing segments. It provides premium cask and bottled beers through its five breweries. The company is also involved in the property management and development, telecommunications, and insurance businesses.
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