Marston’s (LON:MARS) had its price objective boosted by stock analysts at Peel Hunt from GBX 130 ($1.75) to GBX 140 ($1.88) in a research report issued to clients and investors on Wednesday. The firm presently has a “buy” rating on the stock. Peel Hunt’s target price indicates a potential upside of 18.44% from the stock’s previous close.

Other analysts have also issued reports about the company. Deutsche Bank lowered their price objective on Marston’s from GBX 135 ($1.82) to GBX 110 ($1.48) and set a “hold” rating for the company in a research report on Wednesday, October 18th. J P Morgan Chase & Co lowered their price objective on Marston’s from GBX 145 ($1.95) to GBX 130 ($1.75) and set an “overweight” rating for the company in a research report on Wednesday, October 11th. Canaccord Genuity lifted their price objective on Marston’s from GBX 110 ($1.48) to GBX 130 ($1.75) and gave the stock a “hold” rating in a research report on Friday, September 22nd. Liberum Capital reiterated a “buy” rating and issued a GBX 140 ($1.88) price objective on shares of Marston’s in a research report on Thursday, November 30th. Finally, Shore Capital reiterated a “buy” rating on shares of Marston’s in a research report on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company’s stock. Marston’s has a consensus rating of “Buy” and an average target price of GBX 129.50 ($1.74).

Shares of Marston’s (LON:MARS) opened at GBX 118.20 ($1.59) on Wednesday. Marston’s has a 12-month low of GBX 99.85 ($1.34) and a 12-month high of GBX 147.70 ($1.99).

In related news, insider Ralph Graham Findlay bought 165,438 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The stock was bought at an average cost of GBX 120 ($1.62) per share, for a total transaction of £198,525.60 ($267,194.62). Insiders have bought a total of 197,280 shares of company stock valued at $23,236,105 over the last 90 days.

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Marston’s Company Profile

Marston’s PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company’s segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services.

Analyst Recommendations for Marston`s (LON:MARS)

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