Marston's PLC (LON:MARS) had its price target increased by N+1 Singer from GBX 170 ($2.10) to GBX 182 ($2.25) in a research report sent to investors on Wednesday morning. N+1 Singer currently has a buy rating on the stock.
Several other equities analysts have also weighed in on the stock. Citigroup Inc. lowered shares of Marston's PLC to a sell rating in a report on Thursday, July 7th. Numis Securities Ltd cut their price objective on shares of Marston's PLC from GBX 185 ($2.29) to GBX 165 ($2.04) and set an add rating on the stock in a report on Wednesday. Canaccord Genuity restated a hold rating and issued a GBX 175 ($2.17) price objective on shares of Marston's PLC in a report on Wednesday, June 29th. Panmure Gordon restated a buy rating and issued a GBX 175 ($2.17) price objective on shares of Marston's PLC in a report on Thursday, September 15th. Finally, Shore Capital restated a buy rating on shares of Marston's PLC in a report on Wednesday, July 27th. Three equities research 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 currently has an average rating of Hold and a consensus price target of GBX 162.08 ($2.01).
Shares of Marston's PLC (LON:MARS) opened at 139.80 on Wednesday. Marston's PLC has a 52 week low of GBX 126.80 and a 52 week high of GBX 177.00. The firm’s market cap is GBX 803.01 million. The firm’s 50 day moving average is GBX 145.46 and its 200-day moving average is GBX 145.43.
Marston's PLC Company Profile
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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