Liberum Capital Reaffirms Buy Rating for Marston’s (MARS)

Liberum Capital reaffirmed their buy rating on shares of Marston’s (LON:MARS) in a research note released on Thursday morning. Liberum Capital currently has a GBX 140 ($1.87) price objective on the stock.

A number of other brokerages have also recently issued reports on MARS. Barclays reissued an underweight rating and issued a GBX 115 ($1.54) price objective on shares of Marston’s in a research note on Tuesday, November 7th. Peel Hunt reduced their price objective on shares of Marston’s from GBX 140 ($1.87) to GBX 125 ($1.67) and set an add rating for the company in a research note on Tuesday, October 10th. J P Morgan Chase & Co reissued an overweight rating and issued a GBX 130 ($1.74) price objective on shares of Marston’s in a research note on Wednesday. Shore Capital reissued a buy rating on shares of Marston’s in a research note on Monday, August 7th. Finally, Deutsche Bank reduced their price objective on shares of Marston’s from GBX 135 ($1.81) to GBX 110 ($1.47) and set a hold rating for the company in a research note on Wednesday, October 18th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of GBX 128.50 ($1.72).

Shares of Marston’s (LON:MARS) opened at GBX 116.16 ($1.56) on Thursday. Marston’s has a 52 week low of GBX 99.85 ($1.34) and a 52 week high of GBX 147.70 ($1.98).

In related news, insider Ralph Graham Findlay bought 8,293 shares of the business’s stock in a transaction that occurred on Thursday, September 28th. The stock was bought at an average cost of GBX 107 ($1.43) per share, with a total value of £8,873.51 ($11,883.63).

TRADEMARK VIOLATION NOTICE: This story was first published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this story on another site, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark laws. The original version of this story can be read at https://www.com-unik.info/2017/12/03/liberum-capital-reaffirms-buy-rating-for-marstons-mars.html.

About Marston’s

Marston’s PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company’s segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services.

Analyst Recommendations for Marston`s (LON:MARS)

What are top analysts saying about Marston's PLC? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Marston's PLC and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit