Ratings Change: Marston’s PLC (LON:MARS) Overweight Rating Maintained by JP Morgan Cazenove; The Target Price per Share is Set to GBX 160.00

November 25, 2016 - By Peter Erickson

Marston’s PLC (LON:MARS) Rating

JP Morgan Cazenove currently has a GBX 160.00 target price on the 766.01 million GBP market cap company or 20.48% upside potential. In an analyst note sent to investors on Friday, 25 November, Marston’s PLC (LON:MARS) stock had its Overweight Rating restate by stock analysts at JP Morgan Cazenove.

Marston’s PLC (LON:MARS) Ratings Coverage

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 22.29% above today’s (GBX 133) stock price. Marston’s PLC has been the topic of 89 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Canaccord Genuity maintained it with “Hold” rating and GBX 150 target price in Thursday, November 24 report. The stock of Marston’s PLC (LON:MARS) has “Buy” rating given on Friday, November 25 by Beaufort Securities. Numis Securities maintained Marston’s PLC (LON:MARS) on Thursday, November 26 with “Add” rating. The rating was maintained by Shore Capital on Wednesday, October 14 with “Buy”. The rating was maintained by Canaccord Genuity on Wednesday, May 18 with “Hold”. The rating was maintained by Barclays Capital on Friday, April 22 with “Underweight”. The stock of Marston’s PLC (LON:MARS) earned “Buy” rating by Numis Securities on Wednesday, May 18. J.P. Morgan maintained Marston’s PLC (LON:MARS) on Tuesday, January 26 with “Neutral” rating. The firm has “Buy” rating given on Wednesday, December 16 by N+1 Singer. On Friday, September 18 the stock rating was maintained by Canaccord Genuity with “Hold”.

About 3.02 million shares traded hands or 20.80% up from the average. Marston’s PLC (LON:MARS) has declined 10.68% since April 28, 2016 and is downtrending. It has underperformed by 16.08% 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 766.01 million GBP. It operates around 2,000 pubs and bars across the United Kingdom. It has a 10.92 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. Fool.Co.Uk‘s article titled: “Why Lloyds Banking Group PLC & Marstons PLC Offer Irresistible Bang For Your Buck!” and published on November 26, 2015 is yet another important article.

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