Marston’s Receives Buy Rating from Nplus1 Brewin (MARS)
Marston’s (LON:MARS)‘s stock had its “buy” rating reaffirmed by analysts at Nplus1 Brewin in a research report issued to clients and investors on Wednesday, ARN reports. They currently have a GBX 161 ($2.58) price objective on the stock. Nplus1 Brewin’s target price points to a potential upside of 14.18% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd upgraded shares of Marston’s to a “buy” rating in a research note to investors on Wednesday. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Marston’s in a research note to investors on Wednesday. They now have a GBX 140 ($2.25) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Marston’s in a research note to investors on Wednesday. They now have a GBX 155 ($2.49) price target on the stock. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and eight 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 146.03 ($2.34).
Marston’s (LON:MARS) opened at 146.40 on Wednesday. Marston’s has a 1-year low of GBX 116.40 and a 1-year high of GBX 166.00. The stock has a 50-day moving average of GBX 157.5 and a 200-day moving average of GBX 147.. The company’s market cap is £833.3 million.
Marston’s PLC is engaged in operating managed, tenanted and leased public houses, brewing beer and wholesaling beer, wines spirits and soft drinks.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.