Marston’s (LON:MARS) had its price objective upped by JPMorgan Chase & Co. from GBX 127 ($1.66) to GBX 132 ($1.72) in a research note published on Thursday morning, ThisIsMoney.Co.Uk reports. They currently have an overweight rating on the stock.
Several other equities analysts have also weighed in on the company. Shore Capital reaffirmed a buy rating on shares of Marston’s in a research note on Wednesday, November 27th. Liberum Capital reaffirmed a buy rating on shares of Marston’s in a research note on Wednesday, November 27th. Berenberg Bank reaffirmed a hold rating and issued a GBX 110 ($1.44) price objective on shares of Marston’s in a research note on Friday, October 18th. Peel Hunt reaffirmed an add rating on shares of Marston’s in a research note on Wednesday, November 27th. Finally, Barclays reaffirmed an underweight rating on shares of Marston’s in a research note on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of GBX 117.13 ($1.53).
LON MARS opened at GBX 127.90 ($1.67) on Thursday. The firm has a market capitalization of $844.60 million and a P/E ratio of 11.03. Marston’s has a 1-year low of GBX 89.70 ($1.17) and a 1-year high of GBX 133.80 ($1.75). The company has a debt-to-equity ratio of 200.11, a current ratio of 0.54 and a quick ratio of 0.44. The business’s 50-day simple moving average is GBX 122.54 and its 200-day simple moving average is GBX 117.34.
Marston’s Company Profile
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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