HSBC Reiterates Overweight on Marston’s (MARS)
Marston’s (LON: MARS)‘s stock had its “overweight” rating reaffirmed by research analysts at HSBC in a report released on Wednesday. They currently have a $2.25 (140 GBX) target price on the stock.
Marston’s opened at 124.60 on Wednesday. Marston’s has a 52-week low of GBX 87.20 and a 52-week high of GBX 127.70. The company’s market cap is £708.8 million.
A number of other firms have also recently commented on MARS. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Marston’s in a research note to investors on Friday, November 30th. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Marston’s in a research note to investors on Thursday, November 22nd. They now have a $2.31 price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Marston’s in a research note to investors on Wednesday, October 3rd. They now have a $2.18 price target on the stock.
Marston’s PLC is engaged in operating managed, tenanted and leased public houses, brewing beer and wholesaling beer, wines spirits and soft drinks.
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