Shares of Marston's PLC (LON:MARS) have received a consensus recommendation of “Hold” from the thirteen analysts that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 119 ($1.67).
MARS has been the topic of a number of analyst reports. Liberum Capital reiterated a “buy” rating and issued a GBX 140 ($1.97) price target on shares of Marston's in a research report on Wednesday, February 28th. Berenberg Bank cut their price target on shares of Marston's from GBX 120 ($1.68) to GBX 115 ($1.61) and set a “hold” rating on the stock in a research report on Monday, January 8th. Peel Hunt reiterated a “buy” rating and issued a GBX 140 ($1.97) price target on shares of Marston's in a research report on Friday, January 5th. Deutsche Bank increased their price target on shares of Marston's from GBX 110 ($1.54) to GBX 115 ($1.61) and gave the company a “hold” rating in a research report on Tuesday, December 12th. Finally, HSBC cut their price target on shares of Marston's from GBX 115 ($1.61) to GBX 100 ($1.40) and set a “hold” rating on the stock in a research report on Friday, February 16th.
Marston's stock traded up GBX 1.30 ($0.02) during trading hours on Friday, reaching GBX 101.80 ($1.43). 1,267,831 shares of the company’s stock traded hands, compared to its average volume of 2,400,000. Marston's has a fifty-two week low of GBX 99.85 ($1.40) and a fifty-two week high of GBX 147.70 ($2.07).
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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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