Marston's PLC’s Hold Rating Reaffirmed at Deutsche Bank (MARS)
Marston's PLC (LON:MARS)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Wednesday. They currently have a GBX 170 ($2.85) price target on the stock. Deutsche Bank’s target price would indicate a potential upside of 12.29% from the company’s current price.
Marston's PLC (LON:MARS) traded up 0.40% on Wednesday, hitting GBX 151.40. 918,547 shares of the company’s stock traded hands. Marston's PLC has a one year low of GBX 135.60 and a one year high of GBX 166.00. The stock has a 50-day moving average of GBX 149. and a 200-day moving average of GBX 148.3. The company’s market cap is £864.0 million.
The company also recently announced a dividend, which is scheduled for Tuesday, July 8th. Stockholders of record on Wednesday, May 28th will be paid a dividend of GBX 2.40 ($0.04) per share. This represents a dividend yield of 1.61%. The ex-dividend date is Wednesday, May 28th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Marston's PLC in a research note on Thursday, May 15th. They now have a GBX 185 ($3.10) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Marston's PLC in a research note on Thursday, May 15th. They now have a GBX 155 ($2.60) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Marston's PLC in a research note on Thursday, May 15th. They now have a GBX 163 ($2.73) price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 155.55 ($2.61).
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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