Marston's PLC (MARS) Upgraded at Peel Hunt

Peel Hunt upgraded shares of Marston's PLC (LON:MARS) to a buy rating in a research report sent to investors on Wednesday. The firm currently has GBX 130 ($1.72) price objective on the stock, up from their previous price objective of GBX 125 ($1.65).

MARS has been the topic of a number of other research reports. Numis Securities Ltd restated an add rating and issued a GBX 125 ($1.65) target price on shares of Marston's PLC in a research note on Tuesday, October 10th. Liberum Capital began coverage on Marston's PLC in a research note on Wednesday, July 5th. They issued a buy rating and a GBX 140 ($1.85) target price on the stock. Canaccord Genuity boosted their target price on Marston's PLC from GBX 110 ($1.45) to GBX 130 ($1.72) and gave the stock a hold rating in a research note on Friday, September 22nd. Shore Capital restated a buy rating on shares of Marston's PLC in a research note on Thursday, September 21st. Finally, HSBC Holdings plc restated a hold rating and issued a GBX 115 ($1.52) target price on shares of Marston's PLC in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. Marston's PLC presently has an average rating of Buy and an average target price of GBX 135.45 ($1.79).

Shares of Marston's PLC (MARS) opened at 106.90 on Wednesday. Marston's PLC has a 1-year low of GBX 101.40 and a 1-year high of GBX 147.70. The company’s market cap is GBX 615.10 million. The firm has a 50-day moving average price of GBX 106.72 and a 200 day moving average price of GBX 121.89.

COPYRIGHT VIOLATION WARNING: This piece was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece on another domain, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2017/10/28/marstons-plc-mars-upgraded-at-peel-hunt.html.

In other Marston's PLC news, insider Ralph Graham Findlay bought 23,549 shares of the stock in a transaction on Friday, September 8th. The shares were acquired at an average price of GBX 106 ($1.40) per share, with a total value of £24,961.94 ($32,940.01).

About Marston's PLC

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 PLC (LON:MARS)

Receive News & Ratings for Marston's PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marston's PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply