JPMorgan Chase & Co. reissued their overweight rating on shares of Marston's PLC (LON:MARS) in a research report sent to investors on Thursday. The brokerage currently has a GBX 160 ($1.95) target price on the stock.
Several other equities analysts also recently commented on MARS. Panmure Gordon restated a buy rating and issued a GBX 175 ($2.13) price target on shares of Marston's PLC in a research note on Wednesday, July 27th. Canaccord Genuity restated a hold rating and issued a GBX 150 ($1.83) price target on shares of Marston's PLC in a research note on Wednesday, October 12th. Shore Capital restated a buy rating on shares of Marston's PLC in a research note on Wednesday, July 27th. Numis Securities Ltd restated a buy rating and issued a GBX 185 ($2.25) price target on shares of Marston's PLC in a research note on Wednesday, July 27th. Finally, HSBC dropped their price target on shares of Marston's PLC from GBX 150 ($1.83) to GBX 140 ($1.71) and set a hold rating for the company in a research note on Monday, August 1st. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. Marston's PLC has an average rating of Hold and a consensus price target of GBX 162.08 ($1.98).
Marston's PLC (LON:MARS) opened at 139.148 on Thursday. The company has a 50 day moving average price of GBX 144.75 and a 200 day moving average price of GBX 145.11. Marston's PLC has a 52-week low of GBX 126.80 and a 52-week high of GBX 177.00. The firm’s market capitalization is GBX 799.27 million.
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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