Marston’s PLC (MARS) Receives GBX 108.29 Average Price Target from Brokerages

Shares of Marston’s PLC (LON:MARS) have earned an average rating of “Hold” from the eleven ratings firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 108.29 ($1.41).

A number of research analysts have weighed in on MARS shares. Peel Hunt reaffirmed an “add” rating on shares of Marston’s in a report on Friday, May 3rd. Shore Capital reaffirmed a “buy” rating on shares of Marston’s in a report on Wednesday, January 23rd. Liberum Capital reaffirmed a “buy” rating on shares of Marston’s in a report on Wednesday, January 23rd. Canaccord Genuity raised Marston’s to a “buy” rating and lifted their target price for the company from GBX 105 ($1.37) to GBX 115 ($1.50) in a report on Wednesday, February 20th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 105 ($1.37) target price on shares of Marston’s in a report on Friday, January 11th.

Shares of Marston’s stock opened at GBX 100.20 ($1.31) on Monday. Marston’s has a 1 year low of GBX 89.20 ($1.17) and a 1 year high of GBX 112.30 ($1.47). The stock has a market capitalization of $633.86 million and a PE ratio of 14.31. The company has a current ratio of 0.70, a quick ratio of 0.27 and a debt-to-equity ratio of 180.13.

About Marston’s

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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Analyst Recommendations for Marston`s (LON:MARS)

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