McCarthy & Stone PLC (MCS) Now Covered by Canaccord Genuity
Investment analysts at Canaccord Genuity began coverage on shares of McCarthy & Stone PLC (LON:MCS) in a research report issued on Tuesday. The firm set a “buy” rating and a GBX 185 ($2.29) price target on the stock. Canaccord Genuity’s price objective points to a potential upside of 13.50% from the stock’s previous close.
Several other analysts have also weighed in on MCS. HSBC restated a “buy” rating and issued a GBX 330 ($4.08) price objective on shares of McCarthy & Stone PLC in a report on Monday, June 27th. Jefferies Group restated a “buy” rating and issued a GBX 249 ($3.08) price objective on shares of McCarthy & Stone PLC in a report on Monday, June 27th. Deutsche Bank AG restated a “hold” rating and issued a GBX 256 ($3.17) price objective on shares of McCarthy & Stone PLC in a report on Tuesday, June 28th. Goldman Sachs Group Inc. restated a “neutral” rating on shares of McCarthy & Stone PLC in a report on Tuesday, June 28th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 270 ($3.34) price objective on shares of McCarthy & Stone PLC in a report on Wednesday, June 29th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. 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 175.40 on Tuesday. The firm has a 50-day moving average price of GBX 178.98 and a 200 day moving average price of GBX 203.35. McCarthy & Stone PLC has a 12-month low of GBX 129.36 and a 12-month high of GBX 295.00. The stock’s market cap is GBX 901.20 million.
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About McCarthy & Stone PLC
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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