McCarthy & Stone PLC (LON:MCS) has been assigned a consensus rating of “Hold” from the nine ratings firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 124.25 ($1.60).

Several research firms recently issued reports on MCS. Deutsche Bank reissued a “buy” rating on shares of McCarthy & Stone in a research note on Friday. UBS Group reissued a “sell” rating and issued a GBX 102 ($1.32) target price on shares of McCarthy & Stone in a research note on Thursday. Peel Hunt reissued a “buy” rating and issued a GBX 135 ($1.74) target price on shares of McCarthy & Stone in a research note on Thursday. Berenberg Bank began coverage on McCarthy & Stone in a research note on Wednesday, July 25th. They issued a “hold” rating and a GBX 110 ($1.42) target price on the stock. Finally, Barclays cut their target price on McCarthy & Stone from GBX 125 ($1.61) to GBX 92 ($1.19) and set an “underweight” rating on the stock in a research note on Wednesday, July 4th.

In other news, insider Paul J. Lester acquired 66,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 19th. The stock was bought at an average cost of GBX 113 ($1.46) per share, for a total transaction of £75,145 ($96,936.27).

Shares of LON:MCS traded up GBX 2.20 ($0.03) on Friday, reaching GBX 117.40 ($1.51). 999,289 shares of the company traded hands, compared to its average volume of 1,060,000. McCarthy & Stone has a 52 week low of GBX 130.90 ($1.69) and a 52 week high of GBX 197.60 ($2.55).

McCarthy & Stone Company Profile

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 provides apartments for homeowners aged 60 and over; retirement living plus developments, which are designed for customers aged 70 and over, as well as offers a retirement apartment with management services, domestic assistance, personal care, and additional support; and lifestyle living for customers aged 55 and over.

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Analyst Recommendations for McCarthy & Stone (LON:MCS)

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