McCarthy & Stone PLC (LON:MCS) has been assigned an average recommendation of “Hold” from the nine analysts that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 140.71 ($1.84).
A number of brokerages recently weighed in on MCS. Deutsche Bank reissued a “hold” rating on shares of McCarthy & Stone in a research note on Friday, November 8th. UBS Group restated a “sell” rating and set a GBX 130 ($1.70) price objective (up previously from GBX 125 ($1.63)) on shares of McCarthy & Stone in a report on Friday, October 25th. Peel Hunt reaffirmed a “buy” rating on shares of McCarthy & Stone in a research note on Monday, November 18th. Jefferies Financial Group cut their target price on shares of McCarthy & Stone from GBX 175 ($2.29) to GBX 166 ($2.17) and set a “buy” rating on the stock in a report on Thursday, November 7th. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 120 ($1.57) price target on shares of McCarthy & Stone in a research report on Thursday, November 7th.
In related news, insider Gill Barr purchased 7,366 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were purchased at an average price of GBX 135 ($1.76) per share, with a total value of £9,944.10 ($12,993.73). Also, insider Patrick Hole sold 17,325 shares of McCarthy & Stone stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of GBX 149 ($1.95), for a total transaction of £25,814.25 ($33,730.89).
About McCarthy & Stone
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 provide apartments for customers aged 60 and over; retirement living plus developments, which are designed for customers aged 70 and over, as well as offers retirement properties with management services, domestic assistance, personal care, and additional support; and lifestyle living developments for customers aged 55 and over.
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