McCarthy & Stone PLC (MCS) Earns Buy Rating from Analysts at Jefferies Group
Investment analysts at Jefferies Group initiated coverage on shares of McCarthy & Stone PLC (LON:MCS) in a report issued on Tuesday. The brokerage set a “buy” rating and a GBX 249 ($3.08) price target on the stock. Jefferies Group’s target price indicates a potential upside of 52.76% from the stock’s current price.
Several other brokerages have also recently issued reports on MCS. Goldman Sachs Group Inc. reissued a “buy” rating and set a GBX 227 ($2.81) price objective on shares of McCarthy & Stone PLC in a research note on Monday, September 12th. Peel Hunt reissued a “buy” rating and set a GBX 270 ($3.34) price objective on shares of McCarthy & Stone PLC in a research note on Wednesday, June 29th. Deutsche Bank AG lowered their price objective on shares of McCarthy & Stone PLC from GBX 256 ($3.17) to GBX 215 ($2.66) and set a “hold” rating for the company in a research note on Tuesday, July 26th. Canaccord Genuity assumed coverage on shares of McCarthy & Stone PLC in a research note on Tuesday. They set a “buy” rating and a GBX 185 ($2.29) price objective for the company. Finally, HSBC reissued a “buy” rating and set a GBX 330 ($4.08) price objective on shares of McCarthy & Stone PLC in a research note on Monday, June 27th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. McCarthy & Stone PLC currently has an average rating of “Buy” and an average price target of GBX 230.53 ($2.85).
Shares of McCarthy & Stone PLC (LON:MCS) opened at 173.8453 on Tuesday. McCarthy & Stone PLC has a 1-year low of GBX 129.36 and a 1-year high of GBX 295.00. The firm’s market capitalization is GBX 893.22 million. The firm has a 50-day moving average price of GBX 178.98 and a 200-day moving average price of GBX 203.35.
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McCarthy & Stone PLC Company Profile
Mccarthy & Stone Plc is a United Kingdom-based retirement house builder of privately owned properties. The Company offers Retirement Living for over 60s, in which its services include taking care of homeowners’ lounge, landscaped gardens, guest suite and chores like gardening and exterior maintenance.
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