Marston's PLC (MARS) Given Average Rating of “Hold” by Brokerages

Marston's PLC (LON:MARS) has been assigned an average rating of “Hold” from the twelve brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 123 ($1.72).

Several research firms have recently issued reports on MARS. Deutsche Bank lowered their target price on shares of Marston's from GBX 135 ($1.89) to GBX 110 ($1.54) and set a “hold” rating on the stock in a research note on Wednesday, October 18th. Peel Hunt increased their target price on shares of Marston's from GBX 130 ($1.82) to GBX 140 ($1.96) and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Liberum Capital reissued a “buy” rating and set a GBX 140 ($1.96) target price on shares of Marston's in a research note on Thursday, November 30th. Shore Capital reissued a “buy” rating on shares of Marston's in a research note on Thursday, November 30th. Finally, Numis Securities reissued an “add” rating and set a GBX 125 ($1.75) target price on shares of Marston's in a research note on Thursday, November 30th.

Shares of Marston's (MARS) opened at GBX 105.40 ($1.48) on Friday. Marston's has a 12-month low of GBX 99.85 ($1.40) and a 12-month high of GBX 147.70 ($2.07). The firm has a market capitalization of $667.57 and a PE ratio of 752.86.

The firm also recently disclosed a dividend, which was paid on Monday, January 29th. Shareholders of record on Thursday, December 14th were issued a GBX 4.80 ($0.07) dividend. This is an increase from Marston's’s previous dividend of $2.70. The ex-dividend date of this dividend was Thursday, December 14th. This represents a yield of 4.11%.

In other Marston's news, insider Ralph Graham Findlay acquired 165,438 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was bought at an average price of GBX 120 ($1.68) per share, for a total transaction of £198,525.60 ($278,358.95).

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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.

Analyst Recommendations for Marston's (LON:MARS)

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