Ratings Change: Analysts at N 1 Singer Reconfirmed their “Buy” rating for Marston’s (LON:MARS) with GBX 150.00 Target

November 30, 2016 - By Adrian Mccoy

Marston’s (LON:MARS) Rating

Investment analysts at N 1 Singer have GBX 150.00 target price on Marston’s (LON:MARS). N 1 Singer’s target price suggests a potential upside of 11.69% from the company’s last price. The rating was shown in a report on Wednesday, 30 November.

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 20.92% above today’s (GBX 134.5) stock price. Marston’s PLC has been the topic of 90 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Canaccord Genuity maintained Marston’s PLC (LON:MARS) rating on Thursday, November 24. Canaccord Genuity has “Hold” rating and GBX 150 price target. The rating was maintained by Jefferies with “Buy” on Friday, May 20. The stock of Marston’s PLC (LON:MARS) earned “Buy” rating by Citigroup on Monday, September 7. The firm earned “Underweight” rating on Friday, April 22 by Barclays Capital. On Tuesday, January 26 the stock rating was maintained by Goodbody with “Hold”. Canaccord Genuity maintained the stock with “Hold” rating in Friday, October 2 report. The company was maintained on Wednesday, October 12 by Canaccord Genuity. The firm has “Hold” rating given on Friday, March 18 by Deutsche Bank. The rating was maintained by Barclays Capital with “Underweight” on Friday, February 5. Numis Securities upgraded the stock to “Buy” rating in Tuesday, January 26 report.

The stock decreased 0.81% or GBX 1.1 on November 30, hitting GBX 134.5. About 3.51 million shares traded hands or 20.62% up from the average. Marston’s PLC (LON:MARS) has declined 5.37% since May 3, 2016 and is downtrending. It has underperformed by 10.60% 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 774.65 million GBP. It operates around 2,000 pubs and bars across the United Kingdom. It has a 10.7 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.

Another recent and important Marston’s PLC (LON:MARS) news was published by Fool.Co.Uk which published an article titled: “Why Lloyds Banking Group PLC & Marstons PLC Offer Irresistible Bang For Your Buck!” on November 26, 2015.

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