Marston's PLC (LON:MARS) had its price target upped by N+1 Singer from GBX 170 ($2.07) to GBX 182 ($2.22) in a research report report published on Wednesday morning. They currently have a buy rating on the stock.
Other equities analysts also recently issued research reports about the company. Numis Securities Ltd decreased their target price on Marston's PLC from GBX 185 ($2.25) to GBX 165 ($2.01) and set an add rating for the company in a report on Wednesday, October 12th. Panmure Gordon reiterated a buy rating and issued a GBX 175 ($2.13) price objective on shares of Marston's PLC in a report on Thursday, September 15th. Shore Capital reiterated a buy rating on shares of Marston's PLC in a report on Wednesday, July 27th. Canaccord Genuity reissued a hold rating and issued a GBX 175 ($2.13) target price on shares of Marston's PLC in a research note on Wednesday, July 27th. Finally, HSBC cut their target price on Marston's PLC from GBX 150 ($1.83) to GBX 140 ($1.71) and set a hold rating on the stock in a research note on Monday, August 1st. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 162.08 ($1.98).
Shares of Marston's PLC (LON:MARS) opened at 139.90 on Wednesday. Marston's PLC has a 1-year low of GBX 126.80 and a 1-year high of GBX 177.00. The stock’s 50 day moving average price is GBX 144.89 and its 200-day moving average price is GBX 145.20. The company’s market capitalization is GBX 803.59 million.
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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