Marston’s Rating Reiterated by Deutsche Bank (MARS)
Marston’s (LON:MARS)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Friday, AnalystRatings.NET reports. They currently have a GBX 135 ($2.21) price objective on the stock. Deutsche Bank’s price objective would indicate a potential downside of 12.05% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group upgraded shares of Marston’s to a “buy” rating in a research note to investors on Wednesday. They now have a GBX 180 ($2.95) price target on the stock, up previously from GBX 155 ($2.54). Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Marston’s in a research note to investors on Monday, January 6th. They now have a GBX 163 ($2.67) price target on the stock. Finally, 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. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company’s stock. Marston’s has a consensus rating of “Hold” and a consensus target price of GBX 153.06 ($2.51).
Shares of Marston’s (LON:MARS) opened at 153.50 on Friday. Marston’s has a one year low of GBX 124.716 and a one year high of GBX 166.00. The stock has a 50-day moving average of GBX 146.3 and a 200-day moving average of GBX 150.9. The company’s market cap is £874.3 million.
The company also recently announced a dividend, which is scheduled for Monday, February 3rd. Shareholders 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.
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.