Marston’s Stock Rating Reaffirmed by N+1 Singer (MARS)
Marston’s (LON:MARS)‘s stock had its “buy” rating reiterated by equities research analysts at N+1 Singer in a research note issued to investors on Monday, American Banking News.com reports. They currently have a GBX 163 ($2.67) target price on the stock. N+1 Singer’s target price would suggest a potential upside of 12.96% from the stock’s previous close.
The company also recently announced a dividend, which is scheduled for Monday, February 3rd. Investors of record on Wednesday, December 18th will be paid a dividend of GBX 4.10 ($0.07) per share. This represents a dividend yield of 2.86%. The ex-dividend date is Wednesday, December 18th.
A number of other analysts have also recently weighed in on MARS. Analysts at Barclays reiterated an “equal weight” rating on shares of Marston’s in a research note to investors on Monday, December 9th. They now have a GBX 150 ($2.46) price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Marston’s from GBX 120 ($1.97) to GBX 135 ($2.21) in a research note to investors on Monday, December 2nd. They now have a “hold” rating on the stock. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the stock. Marston’s presently has a consensus rating of “Hold” and a consensus target price of GBX 151.27 ($2.48).
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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