J P Morgan Chase & Co reaffirmed their overweight rating on shares of Marston’s (LON:MARS) in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports. J P Morgan Chase & Co currently has a GBX 130 ($1.74) price objective on the stock.

Other analysts have also issued research reports about the company. Numis Securities reiterated an add rating and issued a GBX 125 ($1.67) target price on shares of Marston’s in a research note on Tuesday, October 10th. Peel Hunt reduced their target price on Marston’s from GBX 140 ($1.87) to GBX 125 ($1.67) and set an add rating on the stock in a research note on Tuesday, October 10th. Shore Capital reiterated a buy rating on shares of Marston’s in a research note on Thursday, September 21st. Liberum Capital reiterated a buy rating and issued a GBX 140 ($1.87) target price on shares of Marston’s in a research note on Tuesday, October 10th. Finally, Canaccord Genuity increased their target price on Marston’s from GBX 110 ($1.47) to GBX 130 ($1.74) and gave the stock a hold rating in a research note on Friday, September 22nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. Marston’s presently has an average rating of Buy and an average price target of GBX 128.50 ($1.72).

Marston’s (MARS) traded up GBX 1.90 ($0.03) during mid-day trading on Wednesday, reaching GBX 116.90 ($1.57). The company’s stock had a trading volume of 5,947,068 shares, compared to its average volume of 2,030,000. Marston’s has a twelve month low of GBX 99.85 ($1.34) and a twelve month high of GBX 147.70 ($1.98).

In other news, insider Ralph Graham Findlay purchased 23,549 shares of the business’s stock in a transaction dated Friday, September 8th. The shares were purchased at an average price of GBX 106 ($1.42) per share, for a total transaction of £24,961.94 ($33,429.68).

WARNING: This story was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://www.dailypolitical.com/2017/12/02/j-p-morgan-chase-co-reaffirms-overweight-rating-for-marstons-mars.html.

About Marston’s

Marston’s PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company’s segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services.

Analyst Recommendations for Marston`s (LON:MARS)

Receive News & Ratings for Marston's PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marston's PLC and related companies with MarketBeat.com's FREE daily email newsletter.