Shares of Marston's PLC (LON:MARS) have earned an average recommendation of “Hold” from the seventeen brokerages that are covering the firm. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 168.36 ($2.20).
A number of brokerages have recently issued reports on MARS. Panmure Gordon reaffirmed a “buy” rating and set a GBX 175 ($2.28) price target on shares of Marston's PLC in a report on Thursday, September 15th. HSBC reduced their price objective on Marston's PLC from GBX 150 ($1.96) to GBX 140 ($1.83) and set a “hold” rating for the company in a research report on Monday, August 1st. JPMorgan Chase & Co. upped their price objective on Marston's PLC from GBX 150 ($1.96) to GBX 160 ($2.09) and gave the company an “overweight” rating in a research report on Thursday, July 28th. Shore Capital reiterated a “buy” rating on shares of Marston's PLC in a research report on Wednesday, July 27th. Finally, Canaccord Genuity reiterated a “hold” rating and set a GBX 175 ($2.28) price objective on shares of Marston's PLC in a research report on Wednesday, July 27th.
Shares of Marston's PLC (LON:MARS) traded down 1.83% on Wednesday, reaching GBX 145.00. The company’s stock had a trading volume of 1,305,283 shares. The company’s 50-day moving average is GBX 146.01 and its 200 day moving average is GBX 145.76. The company’s market capitalization is GBX 832.88 million. Marston's PLC has a 12-month low of GBX 126.80 and a 12-month high of GBX 177.00.
About Marston's PLC
Marston’s PLC, engaged in the United Kingdom, is engaged in the operations of managed, tenanted, leased and franchised public houses, brewing beer and selling beer, wines, spirits and soft drinks. It operates around 2,000 pubs and bars across the United Kingdom. It operates five breweries: Banks’s Brewery in Wolverhampton; Marston’s Brewery in Burton upon Trent; Jennings Brewery in the Lake District; Ringwood Brewery in Hampshire, and Wychwood Brewery in Oxfordshire.
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