Marston’s (LON:MARS) Receives Add Rating from Peel Hunt
Peel Hunt restated their add rating on shares of Marston’s (LON:MARS) in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.
MARS has been the topic of a number of other research reports. Royal Bank of Canada lowered their price target on Marston’s from GBX 130 ($1.71) to GBX 40 ($0.53) and set a sector performer rating on the stock in a research report on Tuesday, April 28th. Liberum Capital reiterated a buy rating on shares of Marston’s in a research report on Monday, April 20th. JPMorgan Chase & Co. lowered their price target on Marston’s from GBX 128 ($1.68) to GBX 57 ($0.75) and set a neutral rating on the stock in a research report on Thursday, April 30th. Jefferies Financial Group lowered their price target on Marston’s from GBX 90 ($1.18) to GBX 35 ($0.46) and set an underperform rating on the stock in a research report on Tuesday, April 21st. Finally, Citigroup downgraded Marston’s to a sell rating and set a GBX 80 ($1.05) price target on the stock. in a research report on Monday, January 27th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 77.30 ($1.02).
Marston’s stock traded up GBX 0.64 ($0.01) during midday trading on Wednesday, hitting GBX 33.72 ($0.44). 6,973,124 shares of the company were exchanged, compared to its average volume of 2,400,000. The firm has a market capitalization of $222.67 million and a PE ratio of -12.04. Marston’s has a fifty-two week low of GBX 18.40 ($0.24) and a fifty-two week high of GBX 133.80 ($1.76). The business has a fifty day simple moving average of GBX 35.76 and a two-hundred day simple moving average of GBX 94.60. The company has a debt-to-equity ratio of 206.36, a quick ratio of 0.21 and a current ratio of 0.36.
Marston's PLC operates managed, franchised, tenanted, and leased pubs and bars in the United Kingdom and internationally. The company operates through Destination and Premium, Taverns, Leased, and Brewing segments. It provides premium cask and bottled beers through its five breweries. The company is also involved in the property management and development, telecommunications, and insurance businesses.
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