Marston's (MARS) – Research Analysts’ Weekly Ratings Updates

Marston's (LON: MARS) recently received a number of ratings updates from brokerages and research firms:

  • 1/24/2018 – Marston's had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 130 ($1.80) price target on the stock.
  • 1/23/2018 – Marston's was downgraded by analysts at Numis Securities Ltd to a “hold” rating. They now have a GBX 125 ($1.73) price target on the stock.
  • 1/23/2018 – Marston's had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 1/23/2018 – Marston's had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 140 ($1.93) price target on the stock.
  • 1/19/2018 – Marston's had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 140 ($1.93) price target on the stock.
  • 1/8/2018 – Marston's had its price target lowered by analysts at Berenberg Bank from GBX 120 ($1.66) to GBX 115 ($1.59). They now have a “hold” rating on the stock.
  • 1/5/2018 – Marston's had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 140 ($1.93) price target on the stock.

Shares of Marston's PLC (MARS) opened at GBX 104.10 ($1.44) on Tuesday. Marston's PLC has a fifty-two week low of GBX 99.85 ($1.38) and a fifty-two week high of GBX 147.70 ($2.04). The company has a market capitalization of $664.36 and a price-to-earnings ratio of 743.57.

The firm also recently declared 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 represents a yield of 4.11%. The ex-dividend date was Thursday, December 14th. This is a positive change from Marston's’s previous dividend of $2.70.

In other news, insider Ralph Graham Findlay bought 165,438 shares of the stock in a transaction dated Tuesday, December 5th. The shares were acquired at an average price of GBX 120 ($1.66) per share, with a total value of £198,525.60 ($274,282.40).

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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