McCarthy & Stone plc (MCS) PT Lowered to GBX 185 at Canaccord Genuity
McCarthy & Stone plc (LON:MCS) had its price objective reduced by equities research analysts at Canaccord Genuity from GBX 187 ($2.46) to GBX 185 ($2.43) in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s target price would suggest a potential upside of 18.14% from the stock’s current price.
Several other research analysts have also recently weighed in on MCS. Deutsche Bank AG restated a “buy” rating on shares of McCarthy & Stone plc in a report on Monday, July 31st. Peel Hunt restated a “buy” rating and set a GBX 220 ($2.89) target price on shares of McCarthy & Stone plc in a report on Wednesday, September 6th. Barclays PLC restated an “underweight” rating and set a GBX 152 ($2.00) target price on shares of McCarthy & Stone plc in a report on Friday, September 22nd. Numis Securities Ltd lowered their target price on McCarthy & Stone plc from GBX 179 ($2.35) to GBX 164 ($2.16) and set a “hold” rating on the stock in a report on Tuesday. Finally, lowered their target price on McCarthy & Stone plc from GBX 179 ($2.35) to GBX 164 ($2.16) and set a “hold” rating on the stock in a report on Tuesday. One analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. McCarthy & Stone plc currently has an average rating of “Buy” and a consensus price target of GBX 199.89 ($2.63).
McCarthy & Stone plc (LON MCS) traded down GBX 0.40 ($0.01) during trading hours on Wednesday, reaching GBX 156.60 ($2.06). The company’s stock had a trading volume of 1,469,025 shares, compared to its average volume of 1,290,000. McCarthy & Stone plc has a 52 week low of GBX 143.90 ($1.89) and a 52 week high of GBX 199.60 ($2.63).
In other McCarthy & Stone plc news, insider John White acquired 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The shares were purchased at an average cost of GBX 158 ($2.08) per share, for a total transaction of £158,000 ($207,812.71).
McCarthy & Stone plc Company Profile
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.