Marston's PLC (LON:MARS) had its price objective lowered by Numis Securities Ltd from GBX 185 ($2.29) to GBX 165 ($2.04) in a research report report published on Wednesday. The firm currently has an add rating on the stock.
A number of other brokerages also recently issued reports on MARS. JPMorgan Chase & Co. boosted their price target on shares of Marston's PLC from GBX 150 ($1.86) to GBX 160 ($1.98) and gave the stock an overweight rating in a research report on Thursday, July 28th. Panmure Gordon restated a buy rating and issued a GBX 175 ($2.17) price target on shares of Marston's PLC in a research report on Thursday, September 15th. HSBC dropped their price target on shares of Marston's PLC from GBX 150 ($1.86) to GBX 140 ($1.73) and set a hold rating on the stock in a research report on Monday, August 1st. Shore Capital restated a buy rating on shares of Marston's PLC in a research report on Wednesday, July 27th. Finally, Canaccord Genuity restated a hold rating and issued a GBX 175 ($2.17) price target on shares of Marston's PLC in a research report on Wednesday, July 27th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of GBX 162.08 ($2.01).
Marston's PLC (LON:MARS) opened at 139.80 on Wednesday. Marston's PLC has a one year low of GBX 126.80 and a one year high of GBX 177.00. The firm’s market cap is GBX 803.01 million. The company’s 50-day moving average is GBX 145.46 and its 200 day moving average is GBX 145.43.
About Marston's PLC
Marston’s PLC, engaged in the United Kingdom, is engaged in the operations of managed, tenanted, leased and franchised public houses, brewing beer and selling beer, wines, spirits and soft drinks. It operates around 2,000 pubs and bars across the United Kingdom. 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.
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