November 24, 2016 - By whatsonthorold
Canaccord Genuity have a GBX 150.00 price target on the stock. The price target would suggest a potential upside of 11.23% from Marston’s PLC (LON:MARS)‘s last stock close. This rating was revealed to clients and investors in a note on Thursday, 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 22.78% above today’s (GBX 132.46) stock price. Marston’s PLC has been the topic of 82 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Wednesday, May 18 by Goodbody. The firm has “Hold” rating by Canaccord Genuity given on Friday, July 31. The company was maintained on Monday, February 1 by Deutsche Bank. The firm has “Buy” rating by Numis Securities given on Wednesday, July 27. On Friday, February 19 the stock rating was maintained by Canaccord Genuity with “Hold”. The stock of Marston’s PLC (LON:MARS) earned “Hold” rating by Canaccord Genuity on Friday, September 18. The firm has “Neutral” rating given on Wednesday, October 14 by J.P. Morgan. JP Morgan upgraded the stock to “Overweight” rating in Monday, July 4 report. As per Monday, September 7, the company rating was maintained by Citigroup. On Friday, September 25 the stock rating was maintained by Canaccord Genuity with “Hold”.
About 3.17M shares traded hands or 32.08% 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 762.93 million GBP. It operates around 2,000 pubs and bars across the United Kingdom. It has a 10.88 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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