McCarthy & Stone PLC (MCS) Earns Buy Rating from Deutsche Bank AG
McCarthy & Stone PLC (LON:MCS)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank AG in a report issued on Friday, Marketbeat.com reports. They presently have a GBX 215 ($2.78) price target on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 27.98% from the stock’s previous close.
Other research analysts have also issued research reports about the stock. Jefferies Group LLC raised their price objective on shares of McCarthy & Stone PLC from GBX 265 ($3.43) to GBX 288 ($3.73) and gave the company a “buy” rating in a report on Monday, June 26th. Peel Hunt dropped their price objective on shares of McCarthy & Stone PLC from GBX 225 ($2.91) to GBX 220 ($2.85) and set a “buy” rating for the company in a report on Wednesday. Canaccord Genuity raised their price objective on shares of McCarthy & Stone PLC from GBX 190 ($2.46) to GBX 205 ($2.66) and gave the company a “buy” rating in a report on Thursday, April 6th. Finally, Numis Securities Ltd assumed coverage on shares of McCarthy & Stone PLC in a report on Thursday, June 1st. They issued a “hold” rating and a GBX 197 ($2.55) price objective for the company. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 221.57 ($2.87).
Shares of McCarthy & Stone PLC (LON:MCS) traded up 0.72% during trading on Friday, hitting GBX 168.00. 529,167 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is GBX 177.64 and its 200-day moving average price is GBX 178.09. The stock’s market cap is GBX 902.66 million. McCarthy & Stone PLC has a 1-year low of GBX 129.36 and a 1-year high of GBX 211.40.
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About McCarthy & Stone PLC
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