Marston's PLC (LON:MARS)‘s stock had its “hold” rating restated by stock analysts at Canaccord Genuity in a research report issued on Wednesday. They currently have a GBX 150 ($1.86) target price on the stock. Canaccord Genuity’s price target would indicate a potential upside of 8.23% from the stock’s previous close.
Other analysts have also recently issued research reports about the stock. Panmure Gordon restated a “buy” rating and set a GBX 175 ($2.17) price objective on shares of Marston's PLC in a research report on Wednesday, July 27th. Numis Securities Ltd restated a “buy” rating and set a GBX 185 ($2.29) price objective on shares of Marston's PLC in a research report on Wednesday, July 27th. JPMorgan Chase & Co. raised their price objective on shares of Marston's PLC from GBX 150 ($1.86) to GBX 160 ($1.98) and gave the company an “overweight” rating in a research report on Thursday, July 28th. HSBC lowered their price objective on shares of Marston's PLC from GBX 150 ($1.86) to GBX 140 ($1.73) and set a “hold” rating on the stock in a research report on Monday, August 1st. Finally, Shore Capital restated a “buy” rating on shares of Marston's PLC in a research report on Wednesday, July 27th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. Marston's PLC presently has a consensus rating of “Hold” and an average price target of GBX 162.08 ($2.01).
Marston's PLC (LON:MARS) opened at 141.60 on Wednesday. The firm’s market cap is GBX 813.35 million. Marston's PLC has a 12-month low of GBX 126.80 and a 12-month high of GBX 177.00. The company has a 50-day moving average of GBX 145.26 and a 200 day moving average of GBX 145.38.
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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