Shore Capital Reiterates “Buy” Rating for Marston’s (LON:MARS)

Shore Capital reaffirmed their buy rating on shares of Marston’s (LON:MARS) in a research report released on Wednesday, MarketBeat Ratings reports.

Separately, JPMorgan Chase & Co. restated an “overweight” rating on shares of Marston’s in a report on Wednesday, September 11th.

Marston’s Price Performance

Shares of LON:MARS opened at GBX 42.94 ($0.56) on Wednesday. The stock has a market capitalization of £272.29 million, a P/E ratio of -1,433.33, a P/E/G ratio of -0.16 and a beta of 1.68. The business has a 50-day moving average of GBX 40.56 and a two-hundred day moving average of GBX 35.42. Marston’s has a fifty-two week low of GBX 25.55 ($0.33) and a fifty-two week high of GBX 46.65 ($0.61). The company has a debt-to-equity ratio of 269.71, a current ratio of 0.15 and a quick ratio of 0.23.

Insider Buying and Selling

In other news, insider Ken Lever bought 280,000 shares of the business’s stock in a transaction on Thursday, July 25th. The stock was purchased at an average price of GBX 38 ($0.50) per share, with a total value of £106,400 ($138,939.67). Insiders own 1.83% of the company’s stock.

About Marston’s

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007.