Marston’s’ (MARS) Buy Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Marston’s (LON:MARS) in a research note released on Tuesday morning, MarketBeat.com reports. The brokerage currently has a GBX 75 target price on the stock.

Several other analysts also recently issued reports on the company. Shore Capital restated a “buy” rating on shares of Marston’s in a research note on Wednesday, October 8th. Panmure Gordon reissued a “buy” rating and set a GBX 80 target price on shares of Marston’s in a report on Tuesday. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, Marston’s presently has an average rating of “Buy” and a consensus price target of GBX 77.50.

Marston’s Trading Up 3.8%

Shares of LON:MARS opened at GBX 59.70 on Tuesday. Marston’s has a 12-month low of GBX 31.10 and a 12-month high of GBX 60.90. The stock has a market cap of £378.89 million, a PE ratio of 11.94, a P/E/G ratio of -0.16 and a beta of 1.68. The business has a 50 day moving average of GBX 44.48 and a 200-day moving average of GBX 42.10. The company has a quick ratio of 0.23, a current ratio of 0.36 and a debt-to-equity ratio of 198.96.

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.