Marston's PLC (MARS) Receives Consensus Rating of “Hold” from Analysts
Marston's PLC (LON:MARS) has been given an average rating of “Hold” by the fourteen brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 149.09 ($1.94).
MARS has been the topic of several research reports. Peel Hunt cut Marston's PLC to an “add” rating and raised their target price for the stock from GBX 150 ($1.95) to GBX 160 ($2.08) in a research report on Monday, May 8th. Shore Capital reissued a “buy” rating on shares of Marston's PLC in a research report on Thursday, May 18th. Beaufort Securities reissued a “buy” rating on shares of Marston's PLC in a research report on Friday, May 19th. Numis Securities Ltd reissued an “add” rating and issued a GBX 165 ($2.15) target price on shares of Marston's PLC in a research report on Friday, May 19th. Finally, Deutsche Bank AG dropped their target price on Marston's PLC from GBX 145 ($1.89) to GBX 135 ($1.76) and set a “hold” rating on the stock in a research report on Friday, June 23rd.
In other news, insider Matthew Roberts acquired 25,000 shares of Marston's PLC stock in a transaction on Thursday, May 18th. The shares were acquired at an average price of GBX 138 ($1.80) per share, with a total value of £34,500 ($44,945.28). Also, insider Andrew Andrea sold 27,313 shares of Marston's PLC stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of GBX 124 ($1.62), for a total value of £33,868.12 ($44,122.09).
Shares of Marston's PLC (LON:MARS) traded up 1.25% during trading on Tuesday, hitting GBX 121.60. 738,225 shares of the company were exchanged. Marston's PLC has a 1-year low of GBX 115.50 and a 1-year high of GBX 153.50. The company has a 50 day moving average of GBX 124.39 and a 200-day moving average of GBX 133.07. The stock’s market capitalization is GBX 699.69 million.
The company also recently disclosed a dividend, which was paid on Tuesday, July 4th. Shareholders of record on Thursday, May 25th were paid a GBX 2.70 ($0.04) dividend. This represents a yield of 1.97%. The ex-dividend date of this dividend was Thursday, May 25th.
ILLEGAL ACTIVITY WARNING: This piece of content was posted by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark laws. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/07/25/marstons-plc-mars-receives-consensus-rating-of-hold-from-analysts.html.
Marston's PLC Company Profile
Marston’s PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company’s segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services.
Receive News & Ratings for Marston's PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marston's PLC and related companies with MarketBeat.com's FREE daily email newsletter.