Several other analysts have also issued reports on MCS. Peel Hunt reduced their price objective on shares of McCarthy & Stone from GBX 205 ($2.88) to GBX 185 ($2.60) and set a buy rating on the stock in a report on Wednesday, January 24th. Barclays reduced their price objective on shares of McCarthy & Stone from GBX 152 ($2.13) to GBX 144 ($2.02) and set an underweight rating on the stock in a report on Monday, February 5th. Finally, Numis Securities restated a hold rating and issued a GBX 135 ($1.90) price objective on shares of McCarthy & Stone in a report on Wednesday, March 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. McCarthy & Stone currently has an average rating of Hold and a consensus price target of GBX 182 ($2.55).
MCS traded down GBX 0.90 ($0.01) on Friday, hitting GBX 143.30 ($2.01). The company had a trading volume of 568,115 shares, compared to its average volume of 1,060,000. McCarthy & Stone has a 1 year low of GBX 130.90 ($1.84) and a 1 year high of GBX 197.60 ($2.77).
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About McCarthy & Stone
McCarthy & Stone plc is a United Kingdom-based retirement house builder. The Company is the parent company of the McCarthy & Stone Group. Its subsidiaries include McCarthy & Stone Retirement Lifestyles Limited and McCarthy & Stone Management Services Limited. Ortus Homes is a trading name of the Company.
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