Marston's PLC (MARS) Receives Average Recommendation of “Hold” from Analysts
Marston's PLC (LON:MARS) has been given an average recommendation of “Hold” by the fourteen ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 144.55 ($1.88).
MARS has been the topic of a number of research reports. Shore Capital restated a “buy” rating on shares of Marston's PLC in a report on Wednesday, July 26th. Numis Securities Ltd restated an “add” rating and issued a GBX 165 ($2.14) price target on shares of Marston's PLC in a report on Friday, May 19th. Peel Hunt restated an “add” rating and issued a GBX 160 ($2.08) price target on shares of Marston's PLC in a report on Monday, May 15th. Liberum Capital initiated coverage on Marston's PLC in a report on Wednesday, July 5th. They issued a “buy” rating and a GBX 140 ($1.82) price target on the stock. Finally, Barclays PLC restated an “underweight” rating and issued a GBX 115 ($1.49) price target on shares of Marston's PLC in a report on Thursday, July 27th.
In related news, insider Andrew Andrea sold 27,313 shares of Marston's PLC stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of GBX 124 ($1.61), for a total value of £33,868.12 ($43,967.44).
Shares of Marston's PLC (LON MARS) traded down 0.88% during midday trading on Friday, hitting GBX 113.20. The stock had a trading volume of 674,213 shares. The firm’s 50-day moving average price is GBX 118.05 and its 200-day moving average price is GBX 130.56. Marston's PLC has a one year low of GBX 112.80 and a one year high of GBX 153.50. The firm’s market capitalization is GBX 651.35 million.
About Marston's PLC
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.
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