Deutsche Bank Reaffirms Buy Rating for McCarthy & Stone (MCS)

Deutsche Bank reiterated their buy rating on shares of McCarthy & Stone (LON:MCS) in a research note issued to investors on Friday.

Other equities analysts also recently issued research reports about the company. Barclays reiterated an underweight rating and issued a GBX 136 ($1.91) price objective on shares of McCarthy & Stone in a report on Wednesday, March 14th. Numis Securities reiterated a hold rating and issued a GBX 135 ($1.90) price objective on shares of McCarthy & Stone in a report on Wednesday, March 7th. Finally, Peel Hunt decreased their price objective on McCarthy & Stone from GBX 205 ($2.88) to GBX 185 ($2.60) and set a buy rating for the company in a report on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. McCarthy & Stone has an average rating of Hold and a consensus target price of GBX 182 ($2.55).

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Shares of McCarthy & Stone stock opened at GBX 143.30 ($2.01) on Friday. McCarthy & Stone has a 52 week low of GBX 130.90 ($1.84) and a 52 week high of GBX 197.60 ($2.77).

In related news, insider John Tonkiss purchased 10,000 shares of McCarthy & Stone stock in a transaction dated Wednesday, February 21st. The stock was purchased at an average cost of GBX 135 ($1.90) per share, for a total transaction of £13,500 ($18,950.03).

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McCarthy & Stone Company Profile

McCarthy & Stone plc is a United Kingdom-based retirement house builder. The Company is the parent company of the McCarthy & Stone Group. Its subsidiaries include McCarthy & Stone Retirement Lifestyles Limited and McCarthy & Stone Management Services Limited. Ortus Homes is a trading name of the Company.

Analyst Recommendations for McCarthy & Stone (LON:MCS)

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