Marston's PLC (LON:MARS)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a research note issued to investors on Monday, August 7th.
A number of other research firms have also recently issued reports on MARS. Peel Hunt restated an “add” rating and set a GBX 160 ($2.08) price target on shares of Marston's PLC in a report on Monday, May 15th. Beaufort Securities reiterated a “buy” rating on shares of Marston's PLC in a report on Friday, May 19th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 165 ($2.14) target price on shares of Marston's PLC in a report on Friday, May 19th. Deutsche Bank AG cut their target price on Marston's PLC from GBX 145 ($1.88) to GBX 135 ($1.75) and set a “hold” rating on the stock in a report on Friday, June 23rd. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 140 ($1.82) target price on shares of Marston's PLC in a report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Marston's PLC has a consensus rating of “Hold” and an average price target of GBX 144.55 ($1.88).
Marston's PLC (LON:MARS) opened at 113.20 on Monday. The firm’s 50-day moving average is GBX 118.05 and its 200-day moving average is GBX 130.56. The firm’s market capitalization is GBX 651.35 million. Marston's PLC has a 1-year low of GBX 112.80 and a 1-year high of GBX 153.50.
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In other news, insider Andrew Andrea sold 27,313 shares of the stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of GBX 124 ($1.61), for a total transaction of £33,868.12 ($43,967.44).
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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