Shares of McCarthy & Stone PLC (LON:MCS) have been given a consensus recommendation of “Buy” by the eight ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 197.75 ($2.64).

A number of research firms have issued reports on MCS. Numis Securities cut their target price on McCarthy & Stone from GBX 179 ($2.39) to GBX 164 ($2.19) and set a “hold” rating on the stock in a research note on Tuesday, November 14th. Deutsche Bank raised their target price on McCarthy & Stone from GBX 211 ($2.82) to GBX 219 ($2.93) and gave the company a “buy” rating in a research note on Thursday, November 30th. cut their target price on McCarthy & Stone from GBX 179 ($2.39) to GBX 164 ($2.19) and set a “hold” rating on the stock in a research note on Tuesday, November 14th. Peel Hunt reiterated a “buy” rating and issued a GBX 205 ($2.74) target price on shares of McCarthy & Stone in a research note on Tuesday, November 14th. Finally, Barclays reiterated an “underweight” rating and issued a GBX 152 ($2.03) target price on shares of McCarthy & Stone in a research note on Friday, September 22nd.

Shares of McCarthy & Stone (MCS) remained flat at $GBX 157 ($2.10) on Monday. McCarthy & Stone has a 12-month low of GBX 143.78 ($1.92) and a 12-month high of GBX 199.60 ($2.67). The firm has a market cap of $843.61 and a P/E ratio of 1,121.43.

McCarthy & Stone (LON:MCS) last announced its quarterly earnings data on Tuesday, November 14th. The company reported GBX 13.80 ($0.18) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 14 ($0.19) by GBX (0.20) ($0.00). McCarthy & Stone had a return on equity of 15.67% and a net margin of 13.44%. The firm had revenue of £660.90 million for the quarter.

The business also recently disclosed a dividend, which will be paid on Thursday, February 1st. Investors of record on Thursday, January 4th will be paid a dividend of GBX 3.60 ($0.05) per share. This is a boost from McCarthy & Stone’s previous dividend of $1.80. This represents a dividend yield of 2.26%. The ex-dividend date is Thursday, January 4th.

In related news, insider John White acquired 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The shares were acquired at an average cost of GBX 158 ($2.11) per share, for a total transaction of £158,000 ($211,258.19).

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About McCarthy & Stone

Analyst Recommendations for McCarthy & Stone (LON:MCS)

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