Several other analysts also recently weighed in on the company. Canaccord Genuity restated a hold rating and set a GBX 150 ($1.86) price objective on shares of Marston's PLC in a research report on Wednesday. N+1 Singer upped their price objective on Marston's PLC from GBX 170 ($2.10) to GBX 182 ($2.25) and gave the stock a buy rating in a research report on Wednesday. Numis Securities Ltd dropped their price objective on Marston's PLC from GBX 185 ($2.29) to GBX 165 ($2.04) and set an add rating for the company in a research report on Wednesday. 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 Thursday, September 15th. Finally, HSBC dropped their target price on Marston's PLC from GBX 150 ($1.86) to GBX 140 ($1.73) and set a hold rating for the company in a research report on Monday, August 1st. Three investment 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. The stock currently has an average rating of Hold and an average target price of GBX 162.08 ($2.01).
Marston's PLC (LON:MARS) traded up 1.93% during trading on Thursday, hitting GBX 141.28. The stock had a trading volume of 1,964,641 shares. Marston's PLC has a 52 week low of GBX 126.80 and a 52 week high of GBX 177.00. The company’s market cap is GBX 811.51 million. The company has a 50-day moving average of GBX 145.26 and a 200 day moving average of GBX 145.38.
Marston's PLC Company Profile
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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