McCarthy & Stone PLC (MCS) Given Consensus Recommendation of “Hold” by Analysts

Shares of McCarthy & Stone PLC (LON:MCS) have received a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 190.57 ($2.63).

A number of research firms recently issued reports on MCS. Deutsche Bank upped their price target on shares of McCarthy & Stone from GBX 211 ($2.92) to GBX 219 ($3.03) and gave the company a “buy” rating in a research note on Thursday, November 30th. Numis Securities decreased their price target on shares of McCarthy & Stone from GBX 179 ($2.47) to GBX 164 ($2.27) and set a “hold” rating on the stock in a research note on Tuesday, November 14th. Peel Hunt reaffirmed a “buy” rating and set a GBX 205 ($2.83) price target on shares of McCarthy & Stone in a research note on Tuesday, November 14th. decreased their price target on shares of McCarthy & Stone from GBX 179 ($2.47) to GBX 164 ($2.27) and set a “hold” rating on the stock in a research note on Tuesday, November 14th. Finally, Barclays decreased their price target on shares of McCarthy & Stone from GBX 152 ($2.10) to GBX 144 ($1.99) and set an “underweight” rating on the stock in a research note on Monday, February 5th.

McCarthy & Stone (LON MCS) traded down GBX 0.10 ($0.00) during mid-day trading on Tuesday, hitting GBX 147.90 ($2.04). 1,140,000 shares of the stock traded hands, compared to its average volume of 1,130,000. McCarthy & Stone has a 1 year low of GBX 140 ($1.93) and a 1 year high of GBX 199.60 ($2.76). The stock has a market capitalization of $794.71 and a P/E ratio of 1,056.43.

McCarthy & Stone (LON:MCS) last released its earnings results on Tuesday, November 14th. The company reported GBX 13.80 ($0.19) EPS for the quarter, missing the consensus estimate of GBX 14 ($0.19) by GBX (0.20) ($0.00). McCarthy & Stone had a return on equity of 15.67% and a net margin of 13.44%. The company had revenue of £660.90 million during the quarter.

COPYRIGHT VIOLATION NOTICE: This piece was posted by American Banking News and is owned by of American Banking News. If you are reading this piece on another website, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2018/02/13/mccarthy-stone-plc-mcs-given-consensus-recommendation-of-hold-by-analysts.html.

About McCarthy & Stone

McCarthy & Stone plc is a United Kingdom-based retirement house builder. The Company is the parent company of the McCarthy & Stone Group. Its subsidiaries include McCarthy & Stone Retirement Lifestyles Limited and McCarthy & Stone Management Services Limited. Ortus Homes is a trading name of the Company.

Analyst Recommendations for McCarthy & Stone (LON:MCS)

Receive News & Ratings for McCarthy & Stone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McCarthy & Stone and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply