Shore Capital Group Reiterates Buy Rating for Marston’s (LON:MARS)

Marston’s (LON:MARS)‘s stock had its “buy” rating restated by research analysts at Shore Capital Group in a report issued on Tuesday,Digital Look reports. They presently have a GBX 90 target price on the stock. Shore Capital Group’s price objective would suggest a potential upside of 69.81% from the stock’s current price.

Separately, JPMorgan Chase & Co. decreased their price target on Marston’s from GBX 85 to GBX 81 and set an “overweight” rating for the company in a research note on Tuesday, April 28th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 81.50.

Marston’s Stock Performance

LON MARS opened at GBX 53 on Tuesday. The company has a market capitalization of £335.47 million, a price-to-earnings ratio of 4.53, a PEG ratio of -0.16 and a beta of 0.91. Marston’s has a twelve month low of GBX 35.88 and a twelve month high of GBX 69.20. The stock has a fifty day simple moving average of GBX 49.85 and a 200 day simple moving average of GBX 54.91. The company has a quick ratio of 0.23, a current ratio of 0.30 and a debt-to-equity ratio of 154.69.

Marston’s (LON:MARS) last announced its earnings results on Tuesday, May 12th. The company reported GBX 2.30 earnings per share (EPS) for the quarter. The business had revenue of £422.70 million during the quarter. Marston’s had a return on equity of 9.30% and a net margin of 8.35%. Sell-side analysts expect that Marston’s will post 8.364486 EPS for the current year.

Marston’s Company Profile

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007. The company was founded in 1834 and is based in Wolverhampton, the United Kingdom.