Marston’s Upgraded to “Buy” at Numis Securities Ltd (MARS)
Marston’s (LON:MARS) was upgraded by equities researchers at Numis Securities Ltd to a “buy” rating in a research report issued on Wednesday, American Banking News reports.
Shares of Marston’s (LON:MARS) opened at 144.90 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 £824.8 million.
A number of other analysts have also recently weighed in on MARS. 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. Separately, 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. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Marston’s in a research note to investors on Wednesday. They now have a GBX 161 ($2.58) price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. Marston’s currently has an average rating of “Hold” and an average price target of GBX 146.03 ($2.34).
Marston’s PLC is engaged in operating managed, tenanted and leased public houses, brewing beer and wholesaling beer, wines spirits and soft drinks.
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