Marston's PLC’s (MARS) ” Hold” Rating Reiterated at Deutsche Bank AG

Marston's PLC (LON:MARS)‘s stock had its ” hold” rating reissued by research analysts at Deutsche Bank AG in a report released on Wednesday. They currently have a GBX 145 ($1.81) price objective on the stock. Deutsche Bank AG’s price target suggests a potential upside of 8.78% from the company’s current price.

Several other equities analysts also recently commented on MARS. Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 150 ($1.87) target price on shares of Marston's PLC in a research report on Thursday, November 24th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 175 ($2.19) target price on shares of Marston's PLC in a research report on Thursday, November 24th. Shore Capital reaffirmed a “buy” rating on shares of Marston's PLC in a research report on Thursday, November 24th. Goodbody reaffirmed a “hold” rating on shares of Marston's PLC in a research report on Thursday, November 24th. Finally, N+1 Singer reaffirmed a “buy” rating and issued a GBX 182 ($2.27) target price on shares of Marston's PLC in a research report on Thursday, November 24th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 155 ($1.94).

Analyst Recommendations for Marston's PLC (LON:MARS)

Marston's PLC (LON:MARS) traded up 0.53% during midday trading on Wednesday, reaching GBX 134.00. The company had a trading volume of 2,468,814 shares. The firm has a 50-day moving average of GBX 134.46 and a 200-day moving average of GBX 138.63. Marston's PLC has a 12 month low of GBX 126.80 and a 12 month high of GBX 163.00. The stock’s market cap is GBX 771.04 million.

The company also recently declared a dividend, which was paid on Monday, January 30th. Stockholders of record on Thursday, December 15th were paid a GBX 4.70 ($0.06) dividend. This represents a dividend yield of 3.56%. This is a boost from Marston's PLC’s previous dividend of $2.60. The ex-dividend date was Thursday, December 15th.

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In related news, insider Catherine Glickman acquired 25,000 shares of the firm’s stock in a transaction that occurred on Friday, November 25th. The stock was acquired at an average cost of GBX 133 ($1.66) per share, for a total transaction of £33,250 ($41,552.11). Also, insider Ralph Graham Findlay acquired 18,675 shares of the firm’s stock in a transaction that occurred on Monday, November 28th. The stock was bought at an average price of GBX 133 ($1.66) per share, with a total value of £24,837.75 ($31,039.43).

About Marston's PLC

Marston’s PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company’s segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services.

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