Marston’s PLC (LON:MARS) Given Consensus Recommendation of “Buy” by Brokerages

Marston’s PLC (LON:MARS) has been given an average recommendation of “Buy” by the seven research firms that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 108 ($1.41).

MARS has been the topic of several research reports. Peel Hunt restated a “buy” rating and set a GBX 125 ($1.63) price target on shares of Marston’s in a research note on Friday, July 23rd. Peel Hunt reiterated a “buy” rating and issued a GBX 125 ($1.63) target price on shares of Marston’s in a research note on Friday, July 23rd. JPMorgan Chase & Co. decreased their price objective on shares of Marston’s from GBX 95 ($1.24) to GBX 85 ($1.11) and set a “neutral” rating on the stock in a research note on Thursday. Liberum Capital restated a “hold” rating and issued a GBX 100 ($1.31) target price on shares of Marston’s in a report on Wednesday. Finally, Shore Capital reaffirmed a “buy” rating on shares of Marston’s in a research report on Wednesday.

Shares of MARS traded up GBX 0.46 ($0.01) during midday trading on Thursday, reaching GBX 73.26 ($0.96). The stock had a trading volume of 2,256,834 shares, compared to its average volume of 3,038,163. The company has a debt-to-equity ratio of 376.76, a current ratio of 0.28 and a quick ratio of 0.22. The company has a market capitalization of £483.81 million and a P/E ratio of -3.51. The firm’s 50 day moving average price is GBX 81.49 and its 200-day moving average price is GBX 88.45. Marston’s has a 52 week low of GBX 40.87 ($0.53) and a 52 week high of GBX 105.50 ($1.38).

In other Marston’s news, insider Ralph Graham Findlay acquired 24,000 shares of the company’s stock in a transaction that occurred on Thursday, September 9th. The shares were purchased at an average price of GBX 80 ($1.05) per share, with a total value of £19,200 ($25,084.92).

Marston’s Company Profile

Marston's PLC operates managed, franchised, tenanted, and leased pubs, bars, restaurants, and accommodations in the United Kingdom and internationally. The company operates through Pubs and Bars, and Brewing segments. It provides cask, kegs, and packaged beers through its six breweries under the Pedigree, Hobgoblin, Wainwright, and Shipyard brands, as well as under the licensed brands, including Estrella Damm.

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Analyst Recommendations for Marston`s (LON:MARS)

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