Marston’s Brewery (LON:MARS)‘s stock had its “buy” rating reissued by investment analysts at Shore Capital in a research note issued to investors on Wednesday.
Several other brokerages have also recently weighed in on MARS. Liberum Capital restated a “buy” rating and set a GBX 130 ($1.76) target price on shares of Marston’s Brewery in a report on Friday, May 4th. Peel Hunt restated a “buy” rating on shares of Marston’s Brewery in a report on Friday, May 11th. HSBC dropped their target price on Marston’s Brewery from GBX 115 ($1.56) to GBX 100 ($1.36) and set a “hold” rating for the company in a report on Friday, February 16th. Numis Securities cut Marston’s Brewery to a “hold” rating and set a GBX 125 ($1.70) target price for the company. in a report on Tuesday, January 23rd. Finally, JPMorgan Chase restated an “overweight” rating and set a GBX 130 ($1.76) target price on shares of Marston’s Brewery in a report on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 117.73 ($1.60).
Shares of MARS stock opened at GBX 100.60 ($1.36) on Wednesday. Marston’s Brewery has a 1-year low of GBX 99.85 ($1.35) and a 1-year high of GBX 147.70 ($2.00).
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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