Marston’s PLC (LON:MARS) Insider Acquires £114,000 in Stock

Marston’s PLC (LON:MARSGet Rating) insider William Rucker acquired 200,000 shares of the firm’s stock in a transaction dated Thursday, May 19th. The stock was bought at an average cost of GBX 57 ($0.70) per share, with a total value of £114,000 ($140,532.54).

MARS opened at GBX 58.55 ($0.72) on Monday. Marston’s PLC has a one year low of GBX 50.71 ($0.63) and a one year high of GBX 98.45 ($1.21). The stock has a market capitalization of £371.30 million and a PE ratio of -20.91. The business’s 50 day moving average price is GBX 74.85 and its 200 day moving average price is GBX 75.81. The company has a debt-to-equity ratio of 395.24, a quick ratio of 0.25 and a current ratio of 0.33.

Several brokerages have recently issued reports on MARS. Peel Hunt reissued a “buy” rating and issued a GBX 120 ($1.48) price objective on shares of Marston’s in a report on Tuesday, April 12th. Shore Capital reaffirmed a “buy” rating on shares of Marston’s in a report on Wednesday, May 18th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 65 ($0.80) price target on shares of Marston’s in a report on Wednesday, May 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Marston’s has a consensus rating of “Buy” and an average target price of GBX 100.83 ($1.24).

Marston’s Company Profile (Get Rating)

Marston's PLC operates managed, franchised, tenanted, and leased pubs, bars, restaurants, and accommodations in the United Kingdom and internationally. The company operates through approximately 1,500 bars and pubs; and approximately 1,836 rooms. It is also involved in the property management; telecommunications; and insurance businesses.

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