McCarthy & Stone plc (MCS) Receives Buy Rating from Deutsche Bank AG
McCarthy & Stone plc (LON:MCS)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank AG in a research note issued to investors on Thursday.
Several other research firms have also weighed in on MCS. Numis Securities Ltd dropped their price objective on shares of McCarthy & Stone plc from GBX 179 ($2.35) to GBX 164 ($2.16) and set a “hold” rating for the company in a report on Tuesday, November 14th. Canaccord Genuity lowered their price target on shares of McCarthy & Stone plc from GBX 187 ($2.46) to GBX 185 ($2.43) and set a “buy” rating for the company in a report on Wednesday, November 15th. Peel Hunt lowered their price target on shares of McCarthy & Stone plc from GBX 220 ($2.89) to GBX 205 ($2.70) and set a “buy” rating for the company in a report on Wednesday, September 27th. Barclays PLC reissued an “underweight” rating and issued a GBX 152 ($2.00) price target on shares of McCarthy & Stone plc in a report on Friday, September 22nd. Finally, lowered their price target on shares of McCarthy & Stone plc from GBX 179 ($2.35) to GBX 164 ($2.16) and set a “hold” rating for the company in a report on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. McCarthy & Stone plc has a consensus rating of “Buy” and an average price target of GBX 199.89 ($2.63).
Shares of McCarthy & Stone plc (LON:MCS) opened at GBX 161.20 ($2.12) on Thursday. McCarthy & Stone plc has a fifty-two week low of GBX 143.90 ($1.89) and a fifty-two week high of GBX 199.60 ($2.63).
McCarthy & Stone plc (LON:MCS) last posted its quarterly earnings data on Tuesday, November 14th. The company reported GBX 13.80 ($0.18) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 14 ($0.18) by GBX (0.20) ($0.00). The firm had revenue of £660.90 million for the quarter. McCarthy & Stone plc had a return on equity of 5.04% and a net margin of 7.39%.
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In related news, insider John White purchased 100,000 shares of the stock in a transaction that occurred on Tuesday, November 14th. The stock was acquired at an average price of GBX 158 ($2.08) per share, with a total value of £158,000 ($207,812.71).
About McCarthy & Stone plc
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