McCarthy & Stone PLC’s (MCS) Underweight Rating Reaffirmed at Barclays PLC
McCarthy & Stone PLC (LON:MCS)‘s stock had its “underweight” rating reissued by equities researchers at Barclays PLC in a note issued to investors on Friday. They presently have a GBX 152 ($2.05) price target on the stock. Barclays PLC’s target price would indicate a potential upside of 1.06% from the stock’s previous close.
A number of other analysts have also recently issued reports on the company. Peel Hunt restated a “buy” rating and set a GBX 220 ($2.97) price objective on shares of McCarthy & Stone PLC in a research report on Wednesday, September 6th. Deutsche Bank AG restated a “buy” rating and set a GBX 215 ($2.90) price objective on shares of McCarthy & Stone PLC in a research report on Friday, September 1st. Canaccord Genuity lowered their price objective on McCarthy & Stone PLC from GBX 195 ($2.63) to GBX 187 ($2.52) and set a “buy” rating on the stock in a research report on Monday, August 7th. Finally, Jefferies Group LLC boosted their price objective on McCarthy & Stone PLC from GBX 263 ($3.55) to GBX 273 ($3.68) and gave the company a “buy” rating in a research report on Friday, July 7th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 203.89 ($2.75).
Shares of McCarthy & Stone PLC (MCS) traded up 0.80% during trading on Friday, reaching GBX 150.40. The company had a trading volume of 399,314 shares. The firm’s market capitalization is GBX 808.10 million. The stock has a 50 day moving average price of GBX 161.82 and a 200 day moving average price of GBX 176.66. McCarthy & Stone PLC has a 12 month low of GBX 143.90 and a 12 month high of GBX 199.60.
COPYRIGHT VIOLATION NOTICE: This story was first published by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright & trademark law. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/09/23/mccarthy-stone-plcs-mcs-underweight-rating-reaffirmed-at-barclays-plc.html.
About McCarthy & Stone PLC
Receive News & Ratings for McCarthy & Stone PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McCarthy & Stone PLC and related companies with MarketBeat.com's FREE daily email newsletter.