Marston's PLC (MARS) Earns “Buy” Rating from Liberum Capital
A number of other analysts also recently commented on MARS. Numis Securities Ltd restated an add rating and set a GBX 125 ($1.64) price objective on shares of Marston's PLC in a report on Tuesday. Shore Capital restated a buy rating on shares of Marston's PLC in a report on Tuesday. Peel Hunt dropped their price objective on Marston's PLC from GBX 140 ($1.84) to GBX 125 ($1.64) and set an add rating for the company in a report on Tuesday. HSBC Holdings plc restated a hold rating and set a GBX 115 ($1.51) price objective on shares of Marston's PLC in a report on Friday, September 1st. Finally, Canaccord Genuity upped their price objective on Marston's PLC from GBX 110 ($1.45) to GBX 130 ($1.71) and gave the stock a hold rating in a report on Friday, September 22nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. Marston's PLC presently has an average rating of Hold and a consensus target price of GBX 137.27 ($1.80).
Marston's PLC (MARS) opened at 106.40 on Tuesday. The stock’s 50 day moving average price is GBX 108.54 and its 200 day moving average price is GBX 123.82. The stock’s market capitalization is GBX 612.23 million. Marston's PLC has a 52-week low of GBX 101.40 and a 52-week high of GBX 147.70.
In other news, insider Ralph Graham Findlay acquired 8,293 shares of the firm’s stock in a transaction on Thursday, September 28th. The stock was bought at an average cost of GBX 107 ($1.41) per share, with a total value of £8,873.51 ($11,666.46).
Marston's PLC 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.
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