JPMorgan Chase & Co. Reiterates Neutral Rating for Marston’s (MARS)
Marston’s (LON:MARS)‘s stock had its “neutral” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday, StockRatingsNetwork reports. They currently have a GBX 160 ($2.63) price target on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 4.44% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Marston’s in a research note to investors on Tuesday. They now have a GBX 163 ($2.68) price target on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Marston’s in a research note to investors on Tuesday. They now have a GBX 163 ($2.68) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Marston’s in a research note to investors on Wednesday, January 15th. They now have a GBX 185 ($3.04) price target on the stock. Three equities 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. The stock currently has an average rating of “Hold” and a consensus target price of GBX 153.49 ($2.52).
Shares of Marston’s (LON:MARS) opened at 154.90 on Tuesday. Marston’s has a 52-week low of GBX 128.90 and a 52-week high of GBX 166.00. The stock’s 50-day moving average is GBX 146.9 and its 200-day moving average is GBX 151.6. The company’s market cap is £882.3 million.
Marston’s PLC is engaged in operating managed, tenanted and leased public houses, brewing beer and wholesaling beer, wines spirits and soft drinks.
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