Peel Hunt reiterated their buy rating on shares of Marston's (LON:MARS) in a report released on Friday morning. They currently have a GBX 140 ($1.87) price objective on the stock.

Several other brokerages have also recently commented on MARS. Barclays restated an underweight rating and set a GBX 115 ($1.54) price objective on shares of Marston's in a research note on Tuesday, November 7th. JPMorgan Chase & Co. restated an overweight rating and set a GBX 130 ($1.74) price objective on shares of Marston's in a research note on Wednesday, November 29th. Deutsche Bank lifted their price objective on shares of Marston's from GBX 110 ($1.47) to GBX 115 ($1.54) and gave the company a hold rating in a research note on Tuesday, December 12th. Canaccord Genuity lifted their price objective on shares of Marston's from GBX 110 ($1.47) to GBX 115 ($1.54) and gave the company a hold rating in a research note on Wednesday, December 6th. Finally, Liberum Capital restated a buy rating and set a GBX 140 ($1.87) price objective on shares of Marston's in a research note on Tuesday, November 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of GBX 123 ($1.64).

Shares of Marston's (LON MARS) opened at GBX 117.30 ($1.57) on Friday. Marston's has a 12 month low of GBX 99.85 ($1.34) and a 12 month high of GBX 147.70 ($1.97). The company has a market cap of $741.70 and a P/E ratio of 837.86.

The business also recently declared a dividend, which will be paid on Monday, January 29th. Investors of record on Thursday, December 14th will be issued a GBX 4.80 ($0.06) dividend. This represents a yield of 4.11%. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from Marston's’s previous dividend of $2.70.

In related news, insider Ralph Graham Findlay purchased 165,438 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was bought at an average price of GBX 120 ($1.60) per share, with a total value of £198,525.60 ($265,444.04).

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Marston's Company Profile

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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