Liberum Capital restated their buy rating on shares of Marston’s (LON:MARS) in a report released on Thursday.
Other equities research analysts have also issued reports about the company. Peel Hunt reduced their price objective on Marston’s from GBX 140 ($1.83) to GBX 125 ($1.63) and set a buy rating for the company in a research note on Wednesday, October 10th. Shore Capital restated a buy rating on shares of Marston’s in a research note on Wednesday, July 25th. Berenberg Bank reduced their price objective on Marston’s from GBX 115 ($1.50) to GBX 105 ($1.37) and set a hold rating for the company in a research note on Monday, August 6th. Numis Securities restated an add rating on shares of Marston’s in a research note on Wednesday, July 25th. Finally, JPMorgan Chase & Co. reduced their price objective on Marston’s from GBX 130 ($1.70) to GBX 125 ($1.63) and set an overweight rating for the company in a research note on Thursday, October 11th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of Hold and an average target price of GBX 114 ($1.49).
LON:MARS opened at GBX 101.70 ($1.33) on Thursday. Marston’s has a one year low of GBX 99.85 ($1.30) and a one year high of GBX 147.70 ($1.93).
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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