Marston’s (LON:MARS)‘s stock had its “underperform” rating reaffirmed by research analysts at Jefferies Financial Group in a research note issued on Monday, ThisIsMoney.Co.Uk reports.
A number of other analysts also recently commented on MARS. Shore Capital restated an “under review” rating on shares of Marston’s in a research report on Tuesday, May 26th. Royal Bank of Canada dropped their price target on shares of Marston’s from GBX 130 ($1.60) to GBX 40 ($0.49) and set a “sector performer” rating on the stock in a research report on Tuesday, April 28th. Berenberg Bank began coverage on shares of Marston’s in a report on Monday, May 18th. They issued a “hold” rating and a GBX 50 ($0.62) target price on the stock. Peel Hunt reiterated a “buy” rating on shares of Marston’s in a report on Friday, June 26th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 95 ($1.17) target price on shares of Marston’s in a report on Tuesday, June 9th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. Marston’s has an average rating of “Hold” and a consensus target price of GBX 67.80 ($0.83).
MARS stock opened at GBX 53.15 ($0.65) on Monday. Marston’s has a 52 week low of GBX 18.40 ($0.23) and a 52 week high of GBX 133.80 ($1.65). The company has a market capitalization of $380.37 million and a price-to-earnings ratio of -20.57. The firm’s 50-day moving average is GBX 54.33 and its two-hundred day moving average is GBX 78.61. The company has a current ratio of 0.36, a quick ratio of 0.21 and a debt-to-equity ratio of 206.36.
In other Marston’s news, insider Octavia Morley bought 25,000 shares of Marston’s stock in a transaction on Monday, June 29th. The stock was purchased at an average cost of GBX 58 ($0.71) per share, for a total transaction of £14,500 ($17,843.96).
Marston’s Company Profile
Marston's PLC operates managed, franchised, tenanted, and leased pubs and bars in the United Kingdom and internationally. The company operates through Destination and Premium, Taverns, Leased, and Brewing segments. It provides premium cask and bottled beers through its five breweries. The company is also involved in the property management and development, telecommunications, and insurance businesses.
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