McCarthy & Stone (LON:MCS) had its price target hoisted by Peel Hunt from GBX 150 ($1.96) to GBX 160 ($2.09) in a research report sent to investors on Tuesday. The firm currently has a buy rating on the stock.
A number of other equities analysts also recently issued reports on MCS. Berenberg Bank increased their price target on shares of McCarthy & Stone from GBX 110 ($1.44) to GBX 120 ($1.57) and gave the stock a hold rating in a research note on Tuesday, October 2nd. Canaccord Genuity reissued a hold rating on shares of McCarthy & Stone in a research note on Tuesday, September 25th. Barclays increased their price target on shares of McCarthy & Stone from GBX 92 ($1.20) to GBX 93 ($1.22) and gave the stock an underweight rating in a research note on Wednesday, September 12th. Deutsche Bank increased their price target on shares of McCarthy & Stone from GBX 165 ($2.16) to GBX 168 ($2.20) and gave the stock a buy rating in a research note on Thursday, August 30th. Finally, UBS Group reissued a sell rating and issued a GBX 102 ($1.33) price target on shares of McCarthy & Stone in a research note on Thursday, September 6th. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 129.25 ($1.69).
MCS stock opened at GBX 134.60 ($1.76) on Tuesday. McCarthy & Stone has a 1 year low of GBX 130.90 ($1.71) and a 1 year high of GBX 197.60 ($2.58).
McCarthy & Stone (LON:MCS) last released its quarterly earnings results on Tuesday, November 13th. The company reported GBX 9.20 ($0.12) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of GBX 9.70 ($0.13) by GBX (0.50) (($0.01)).
The business also recently declared a dividend, which will be paid on Friday, February 1st. Investors of record on Thursday, January 3rd will be paid a GBX 3.50 ($0.05) dividend. This is an increase from McCarthy & Stone’s previous dividend of $1.90. This represents a yield of 2.56%. The ex-dividend date of this dividend is Thursday, January 3rd.
McCarthy & Stone Company Profile
McCarthy & Stone plc, together with its subsidiaries, operates as a retirement housing market in the United Kingdom. The company builds, sells, and manages retirement developments. It offers retirement living developments, which provides apartments for homeowners aged 60 and over; retirement living plus developments, which are designed for customers aged 70 and over, as well as offers a retirement apartment with management services, domestic assistance, personal care, and additional support; and lifestyle living for customers aged 55 and over.
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