Marston's PLC Stock Rating Reaffirmed by Jefferies Group (MARS)
Marston's PLC (LON:MARS)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group in a report released on Monday, American Banking & Market News reports. They currently have a GBX 180 ($2.99) price objective on the stock. Jefferies Group’s price objective points to a potential upside of 19.76% from the stock’s previous close.
Shares of Marston's PLC (LON:MARS) opened at 149.70 on Monday. Marston's PLC has a 52 week low of GBX 128.90 and a 52 week high of GBX 166.00. The stock has a 50-day moving average of GBX 149.3 and a 200-day moving average of GBX 150.8. The company’s market cap is £852.7 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura downgraded shares of Marston's PLC to a “neutral” rating in a research note on Friday, February 7th. They now have a GBX 143 ($2.38) price target on the stock, up previously from GBX 116 ($1.93). Separately, analysts at HSBC cut their price target on shares of Marston's PLC from GBX 160 ($2.66) to GBX 150 ($2.49) in a research note on Thursday, February 6th. They now have a “neutral” rating on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Marston's PLC in a research note on Wednesday, February 5th. They now have a GBX 150 ($2.49) price target on the stock. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the company’s stock. Marston's PLC has a consensus rating of “Hold” and an average target price of GBX 152.12 ($2.53).
Marston’s PLC is operating managed, tenanted, leased and franchised public houses, brewing beer and wholesaling beer, wines, spirits and soft drinks.
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