McCarthy & Stone (MCS) PT Raised to GBX 219
McCarthy & Stone (LON:MCS) had its price objective raised by research analysts at Deutsche Bank from GBX 211 ($2.83) to GBX 219 ($2.93) in a research note issued on Thursday. The firm presently has a “buy” rating on the stock. Deutsche Bank’s target price would indicate a potential upside of 32.73% from the stock’s current price.
Other equities research analysts also recently issued reports about the stock. Numis Securities dropped their price target on shares of McCarthy & Stone from GBX 179 ($2.40) to GBX 164 ($2.20) and set a “hold” rating for the company in a research report on Tuesday, November 14th. Peel Hunt reissued a “buy” rating and issued a GBX 205 ($2.75) price objective on shares of McCarthy & Stone in a research note on Tuesday, November 14th. decreased their price objective on shares of McCarthy & Stone from GBX 179 ($2.40) to GBX 164 ($2.20) and set a “hold” rating on the stock in a research note on Tuesday, November 14th. Canaccord Genuity decreased their price objective on shares of McCarthy & Stone from GBX 195 ($2.61) to GBX 187 ($2.50) and set a “buy” rating on the stock in a research note on Monday, August 7th. Finally, Barclays reissued an “underweight” rating and issued a GBX 152 ($2.04) price objective on shares of McCarthy & Stone in a research note on Friday, September 22nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. McCarthy & Stone has a consensus rating of “Buy” and a consensus price target of GBX 200.33 ($2.68).
McCarthy & Stone (LON:MCS) traded up GBX 1.60 ($0.02) during midday trading on Thursday, hitting GBX 165 ($2.21). 1,095,015 shares of the stock were exchanged, compared to its average volume of 1,580,000. McCarthy & Stone has a 52 week low of GBX 143.90 ($1.93) and a 52 week high of GBX 199.60 ($2.67).
In other 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 acquired at an average cost of GBX 158 ($2.12) per share, with a total value of £158,000 ($211,597.70).
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