November 24, 2016 - By Nellie Frank
They currently have a GBX 182.00 target price on Marston’s PLC (LON:MARS). N+1 Singer’s target would suggest a potential upside of 37.15% from the company’s last price. This was revealed in an analyst note on 24 November.
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 22.49% above today’s (GBX 132.78) stock price. Marston’s PLC has been the topic of 82 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Canaccord Genuity given on Friday, September 18. The stock has “Hold” rating given by Deutsche Bank on Wednesday, January 20. The rating was maintained by Deutsche Bank on Monday, February 1 with “Hold”. Canaccord Genuity maintained Marston’s PLC (LON:MARS) on Friday, August 21 with “Hold” rating. The rating was maintained by JP Morgan with “Neutral” on Wednesday, January 27. N+1 Singer maintained Marston’s PLC (LON:MARS) rating on Wednesday, October 14. N+1 Singer has “Buy” rating and GBX 170 price target. Panmure Gordon maintained the stock with “Buy” rating in Thursday, September 15 report. The company was maintained on Thursday, November 26 by N+1 Singer. The company was maintained on Thursday, July 30 by Goodbody. The rating was maintained by Canaccord Genuity on Friday, January 22 with “Hold”.
About 5.02M shares traded hands or 109.17% 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 764.75 million GBP. It operates around 2,000 pubs and bars across the United Kingdom. It has a 10.9 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 news for Marston’s PLC (LON:MARS) were recently published by: Fool.Co.Uk, which released: “After results, is Enterprise Inns plc a better buy than Marston’s plc?” on November 15, 2016. Marketwatch.com‘s article titled: “Marston’s full-year profit up; lifts dividend” and published on November 24, 2016 is yet another important article.
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By Nellie Frank