Marston's PLC (MARS) Stock Rating Reaffirmed by JPMorgan Chase & Co.
Marston's PLC (LON:MARS)‘s stock had its “overweight” rating restated by equities researchers at JPMorgan Chase & Co. in a report issued on Thursday. They currently have a GBX 160 ($1.98) price target on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 14.94% from the stock’s current price.
Other analysts also recently issued reports about the company. Numis Securities Ltd reduced their target price on Marston's PLC from GBX 185 ($2.29) to GBX 165 ($2.04) and set an “add” rating for the company in a research note on Wednesday. Panmure Gordon reiterated a “buy” rating and set a GBX 175 ($2.17) price target on shares of Marston's PLC in a research note on Wednesday, July 27th. Shore Capital reiterated a “buy” rating on shares of Marston's PLC in a research note on Wednesday, July 27th. N+1 Singer lifted their price target on Marston's PLC from GBX 170 ($2.10) to GBX 182 ($2.25) and gave the company a “buy” rating in a research note on Wednesday. Finally, Beaufort Securities reiterated a “buy” rating on shares of Marston's PLC in a research note on Thursday. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 162.08 ($2.01).
Shares of Marston's PLC (LON:MARS) traded down 0.36% during trading on Thursday, hitting GBX 138.70. The stock had a trading volume of 1,275,515 shares. The company’s 50 day moving average price is GBX 145.46 and its 200 day moving average price is GBX 145.43. Marston's PLC has a 52 week low of GBX 126.80 and a 52 week high of GBX 177.00. The company’s market capitalization is GBX 796.69 million.
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About Marston's PLC
Marston’s PLC, engaged in the United Kingdom, is engaged in the operations of managed, tenanted, leased and franchised public houses, brewing beer and selling beer, wines, spirits and soft drinks. It operates around 2,000 pubs and bars across the United Kingdom. It operates five breweries: Banks’s Brewery in Wolverhampton; Marston’s Brewery in Burton upon Trent; Jennings Brewery in the Lake District; Ringwood Brewery in Hampshire, and Wychwood Brewery in Oxfordshire.
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