Shore Capital reaffirmed their buy rating on shares of Marston's PLC (LON:MARS) in a research report released on Wednesday.
Several other research firms have also issued reports on MARS. Peel Hunt reiterated an add rating and issued a GBX 160 ($2.08) target price on shares of Marston's PLC in a research note on Monday, May 15th. Numis Securities Ltd restated an add rating and set a GBX 165 ($2.15) price target on shares of Marston's PLC in a research report on Friday, May 19th. Beaufort Securities restated a buy rating on shares of Marston's PLC in a research report on Friday, May 19th. Deutsche Bank AG reduced their price target on shares of Marston's PLC from GBX 145 ($1.89) to GBX 135 ($1.76) and set a hold rating for the company in a research report on Friday, June 23rd. Finally, Liberum Capital assumed coverage on shares of Marston's PLC in a research report on Wednesday, July 5th. They set a buy rating and a GBX 140 ($1.82) price target for the company. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company’s stock. Marston's PLC has a consensus rating of Hold and a consensus price target of GBX 144.55 ($1.88).
Shares of Marston's PLC (MARS) opened at 116.20 on Wednesday. The company’s market cap is GBX 668.61 million. Marston's PLC has a 12 month low of GBX 115.50 and a 12 month high of GBX 153.50. The stock’s 50 day moving average is GBX 122.50 and its 200 day moving average is GBX 132.61.
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The company also recently declared a dividend, which was paid on Tuesday, July 4th. Stockholders of record on Thursday, May 25th were issued a GBX 2.70 ($0.04) dividend. This represents a dividend yield of 1.97%. The ex-dividend date of this dividend was Thursday, May 25th.
In other news, insider Matthew Roberts purchased 25,000 shares of the stock in a transaction dated Thursday, May 18th. The shares were purchased at an average cost of GBX 138 ($1.80) per share, with a total value of £34,500 ($44,945.28). Also, insider Andrew Andrea sold 27,313 shares of the stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of GBX 124 ($1.62), for a total transaction of £33,868.12 ($44,122.09).
Marston's PLC Company Profile
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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