November 24, 2016 - By Darrin Black
In analysts note published on today, Panmure Gordon reaffirmed their “Buy” rating on Marston’s PLC (LON:MARS)‘s stock. The TP suggests a potential upside of 32.03% from firm’s last stock price.
Out of 17 analysts covering Marston’s PLC (LON:MARS), 8 rate it a “Buy”, 3 “Sell”, while 6 “Hold”. This means 47% are positive. GBX 185 is the highest target while GBX 130 is the lowest. The GBX 162.64 average target is 22.47% above today’s (GBX 132.8) stock price. Marston’s PLC has been the topic of 82 analyst reports since July 22, 2015 according to StockzIntelligence Inc. As per Wednesday, May 18, the company rating was maintained by Numis Securities. As per Friday, August 21, the company rating was maintained by Canaccord Genuity. JP Morgan maintained Marston’s PLC (LON:MARS) rating on Thursday, October 15. JP Morgan has “Neutral” rating and GBX 170 price target. The firm earned “Hold” rating on Wednesday, October 12 by Canaccord Genuity. Numis Securities maintained Marston’s PLC (LON:MARS) rating on Wednesday, October 14. Numis Securities has “Add” rating and GBX 180 price target. The stock of Marston’s PLC (LON:MARS) earned “Sell” rating by Goodbody on Thursday, July 30. The stock of Marston’s PLC (LON:MARS) earned “Hold” rating by Canaccord Genuity on Friday, October 2. The stock has “Sell” rating given by Citigroup on Thursday, July 7. The stock of Marston’s PLC (LON:MARS) earned “Buy” rating by N+1 Singer on Wednesday, December 16. The stock has “Buy” rating given by Panmure Gordon on Wednesday, May 18.
About 3.34 million shares traded hands or 39.17% up from the average. Marston’s PLC (LON:MARS) has declined 8.05% since April 26, 2016 and is downtrending. It has underperformed by 13.46% the S&P500.
Marston’s PLC, engaged in the United Kingdom, is engaged in the activities of managed, tenanted, leased and franchised public houses, brewing beer and selling beer, wines, spirits and soft drinks. The company has a market cap of 764.86 million GBP. It operates around 2,000 pubs and bars across the United Kingdom. It has a 10.91 P/E ratio. It operates five breweries: Banks’s Brewery in Wolverhampton; Marston’s Brewery in Burton upon Trent; Jennings Brewery in the Lake District; Ringwood Brewery in Hampshire, and Wychwood Brewery in Oxfordshire.
More recent Marston’s PLC (LON:MARS) news were published by: Fool.Co.Uk which released: “After results, is Enterprise Inns plc a better buy than Marston’s plc?” on November 15, 2016. Also Marketwatch.com published the news titled: “Marston’s full-year profit up; lifts dividend” on November 24, 2016. Fool.Co.Uk‘s news article titled: “Why Lloyds Banking Group PLC & Marstons PLC Offer Irresistible Bang For Your Buck!” with publication date: November 26, 2015 was also an interesting one.
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By Darrin Black