Marston’s’ (MARS) “Buy” Rating Reiterated at Shore Capital Group

Shore Capital Group reaffirmed their buy rating on shares of Marston’s (LON:MARS) in a report issued on Tuesday,Digital Look reports. The firm currently has a GBX 90 price target on the stock.

Separately, JPMorgan Chase & Co. cut their target price on shares of Marston’s from GBX 85 to GBX 81 and set an “overweight” rating on the stock in a research note on Tuesday, April 28th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Marston’s presently has a consensus rating of “Buy” and an average target price of GBX 81.50.

Marston’s Stock Performance

LON MARS opened at GBX 49.60 on Tuesday. The company has a debt-to-equity ratio of 154.69, a current ratio of 0.30 and a quick ratio of 0.23. Marston’s has a 1-year low of GBX 35.88 and a 1-year high of GBX 69.20. The firm has a market capitalization of £313.95 million, a P/E ratio of 4.24, a P/E/G ratio of -0.16 and a beta of 0.91. The business’s 50-day simple moving average is GBX 49.93 and its 200-day simple moving average is GBX 54.83.

Marston’s (LON:MARS) last posted its earnings results on Tuesday, May 12th. The company reported GBX 2.30 earnings per share (EPS) for the quarter. The firm had revenue of £422.70 million during the quarter. Marston’s had a net margin of 8.35% and a return on equity of 9.30%. Equities analysts predict that Marston’s will post 8.364486 EPS for the current year.

About Marston’s

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007. The company was founded in 1834 and is based in Wolverhampton, the United Kingdom.