McCarthy & Stone (MCS) Rating Reiterated by Canaccord Genuity
McCarthy & Stone (LON:MCS)‘s stock had its “hold” rating restated by analysts at Canaccord Genuity in a note issued to investors on Tuesday.
MCS has been the subject of several other research reports. Barclays boosted their price objective on McCarthy & Stone from GBX 92 ($1.20) to GBX 93 ($1.21) and gave the company an “underweight” rating in a research report on Wednesday, September 12th. UBS Group reiterated a “sell” rating and issued a GBX 102 ($1.33) price objective on shares of McCarthy & Stone in a research report on Thursday, September 6th. Peel Hunt reiterated a “buy” rating on shares of McCarthy & Stone in a research report on Wednesday, June 13th. Jefferies Financial Group downgraded McCarthy & Stone to a “hold” rating and lowered their price objective for the company from GBX 267 ($3.48) to GBX 116 ($1.51) in a research report on Wednesday, June 20th. Finally, Deutsche Bank reiterated a “buy” rating on shares of McCarthy & Stone in a research report on Friday, September 7th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. McCarthy & Stone has an average rating of “Hold” and a consensus price target of GBX 130.89 ($1.70).
Shares of MCS stock opened at GBX 135.40 ($1.76) on Tuesday. McCarthy & Stone has a fifty-two week low of GBX 130.90 ($1.71) and a fifty-two week high of GBX 197.60 ($2.57).
McCarthy & Stone plc, together with its subsidiaries, operates as a retirement housing market in the United Kingdom. The company builds, sells, and manages retirement developments. It offers retirement living developments, which provides apartments for homeowners aged 60 and over; retirement living plus developments, which are designed for customers aged 70 and over, as well as offers a retirement apartment with management services, domestic assistance, personal care, and additional support; and lifestyle living for customers aged 55 and over.
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