Marston's (MARS) Earns “Buy” Rating from Peel Hunt

Marston's (LON:MARS)‘s stock had its “buy” rating restated by Peel Hunt in a research note issued to investors on Friday. They currently have a GBX 140 ($1.90) target price on the stock. Peel Hunt’s price target points to a potential upside of 21.16% from the stock’s previous close.

Several other brokerages also recently issued reports on MARS. Barclays reiterated an “underweight” rating and set a GBX 115 ($1.56) price objective on shares of Marston's in a research report on Tuesday, November 7th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 130 ($1.76) price objective on shares of Marston's in a research report on Wednesday, November 29th. Deutsche Bank boosted their price objective on Marston's from GBX 110 ($1.49) to GBX 115 ($1.56) and gave the stock a “hold” rating in a research report on Tuesday, December 12th. Canaccord Genuity boosted their price objective on Marston's from GBX 110 ($1.49) to GBX 115 ($1.56) and gave the stock a “hold” rating in a research report on Wednesday, December 6th. Finally, Liberum Capital reiterated a “buy” rating and set a GBX 140 ($1.90) price objective on shares of Marston's in a research report on Tuesday, November 21st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 123 ($1.67).

Marston's (LON:MARS) opened at GBX 115.55 ($1.57) on Friday. The stock has a market capitalization of $732.51 and a P/E ratio of 825.36. Marston's has a 52-week low of GBX 99.85 ($1.35) and a 52-week high of GBX 147.70 ($2.00).

In other news, insider Ralph Graham Findlay bought 165,438 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was purchased at an average cost of GBX 120 ($1.63) per share, for a total transaction of £198,525.60 ($269,223.76).

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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)

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