Marston’s (MARS) Earns Buy Rating from N+1 Singer
Marston’s (LON:MARS)‘s stock had its “buy” rating reaffirmed by stock analysts at N+1 Singer in a research report issued to clients and investors on Thursday. They currently have a GBX 120 ($1.61) target price on the stock. N+1 Singer’s price target points to a potential upside of 4.35% from the company’s previous close.
MARS has been the topic of several other research reports. Barclays reiterated an “underweight” rating and issued a GBX 115 ($1.54) target price on shares of Marston’s in a report on Monday, September 11th. Deutsche Bank dropped their target price on shares of Marston’s from GBX 135 ($1.81) to GBX 110 ($1.47) and set a “hold” rating on the stock in a report on Wednesday, October 18th. Shore Capital reiterated a “buy” rating on shares of Marston’s in a report on Thursday, September 21st. Peel Hunt dropped their target price on shares of Marston’s from GBX 140 ($1.87) to GBX 125 ($1.67) and set an “add” rating on the stock in a report on Tuesday, October 10th. Finally, Liberum Capital restated a “buy” rating and issued a GBX 140 ($1.87) price target on shares of Marston’s in a research report on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of GBX 128.50 ($1.72).
Marston’s (LON MARS) traded up GBX 10.20 ($0.14) during trading on Thursday, hitting GBX 115 ($1.54). 10,965,419 shares of the stock were exchanged, compared to its average volume of 2,030,000. Marston’s has a fifty-two week low of GBX 99.85 ($1.34) and a fifty-two week high of GBX 147.70 ($1.98).
Marston’s 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.
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