Numis Securities Reaffirms “Add” Rating for Marston’s (MARS)
Numis Securities reaffirmed their add rating on shares of Marston’s (LON:MARS) in a research report report published on Wednesday morning. They currently have a GBX 120 ($1.57) target price on the stock.
A number of other research firms have also commented on MARS. Canaccord Genuity reaffirmed a hold rating and set a GBX 110 ($1.44) target price on shares of Marston’s in a report on Tuesday, June 26th. Liberum Capital reaffirmed a buy rating on shares of Marston’s in a report on Wednesday, July 4th. Peel Hunt reaffirmed a buy rating on shares of Marston’s in a report on Monday, July 30th. Berenberg Bank lowered their target price on shares of Marston’s from GBX 115 ($1.50) to GBX 105 ($1.37) and set a hold rating for the company in a report on Monday, August 6th. Finally, Shore Capital reissued a buy rating on shares of Marston’s in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 114 ($1.49).
MARS opened at GBX 95.45 ($1.25) on Wednesday. Marston’s has a 52 week low of GBX 99.85 ($1.30) and a 52 week high of GBX 147.70 ($1.93).
Marston's PLC operates managed, franchised, tenanted, and leased pubs and bars in the United Kingdom and internationally. The company operates through Destination and Premium, Taverns, Leased, and Brewing segments. It provides premium cask and bottled beers through its five breweries. The company is also involved in the property management and development, telecommunications, and insurance businesses.
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