Marston's PLC (MARS) PT Lowered to GBX 125 at Peel Hunt

Marston's PLC (LON:MARS) had its price target lowered by Peel Hunt from GBX 140 ($1.84) to GBX 125 ($1.64) in a report released on Tuesday. The firm currently has an add rating on the stock.

Several other analysts also recently issued reports on the stock. Liberum Capital started coverage on shares of Marston's PLC in a report on Wednesday, July 5th. They issued a buy rating and a GBX 140 ($1.84) price target on the stock. Barclays PLC reaffirmed an underweight rating and issued a GBX 115 ($1.51) price target on shares of Marston's PLC in a report on Monday, September 11th. Deutsche Bank AG reduced their price target on shares of Marston's PLC from GBX 145 ($1.91) to GBX 135 ($1.77) and set a hold rating on the stock in a report on Friday, June 23rd. Shore Capital reaffirmed a buy rating on shares of Marston's PLC in a report on Thursday, September 21st. Finally, Numis Securities Ltd reaffirmed an add rating and issued a GBX 145 ($1.91) price target on shares of Marston's PLC in a report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of GBX 137.27 ($1.80).

Shares of Marston's PLC (LON:MARS) opened at 106.70 on Tuesday. The firm’s market cap is GBX 613.95 million. Marston's PLC has a 12-month low of GBX 101.40 and a 12-month high of GBX 147.70. The firm has a 50-day moving average of GBX 108.71 and a 200-day moving average of GBX 123.94.

COPYRIGHT VIOLATION WARNING: “Marston's PLC (MARS) PT Lowered to GBX 125 at Peel Hunt” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/13/marstons-plc-mars-pt-lowered-to-gbx-125-at-peel-hunt.html.

In other news, insider Ralph Graham Findlay acquired 8,293 shares of the business’s stock in a transaction dated Thursday, September 28th. The stock was acquired at an average price of GBX 107 ($1.41) per share, with a total value of £8,873.51 ($11,666.46).

About Marston's PL

Several other analysts also recently issued reports on the stock. Liberum Capital started coverage on shares of Marston's PLC in a report on Wednesday, July 5th. They issued a buy rating and a GBX 140 ($1.84) price target on the stock. Barclays PLC reaffirmed an underweight rating and issued a GBX 115 ($1.51) price target on shares of Marston's PLC in a report on Monday, September 11th. Deutsche Bank AG reduced their price target on shares of Marston's PLC from GBX 145 ($1.91) to GBX 135 ($1.77) and set a hold rating on the stock in a report on Friday, June 23rd. Shore Capital reaffirmed a buy rating on shares of Marston's PLC in a report on Thursday, September 21st. Finally, Numis Securities Ltd reaffirmed an add rating and issued a GBX 145 ($1.91) price target on shares of Marston's PLC in a report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of GBX 137.27 ($1.80).

Shares of Marston's PLC (LON:MARS) opened at 106.70 on Tuesday. The firm’s market cap is GBX 613.95 million. Marston's PLC has a 12-month low of GBX 101.40 and a 12-month high of GBX 147.70. The firm has a 50-day moving average of GBX 108.71 and a 200-day moving average of GBX 123.94.

COPYRIGHT VIOLATION WARNING: “Marston's PLC (MARS) PT Lowered to GBX 125 at Peel Hunt” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/13/marstons-plc-mars-pt-lowered-to-gbx-125-at-peel-hunt.html.

In other news, insider Ralph Graham Findlay acquired 8,293 shares of the business’s stock in a transaction dated Thursday, September 28th. The stock was acquired at an average price of GBX 107 ($1.41) per share, with a total value of £8,873.51 ($11,666.46).

About Marston's PLC

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 PLC (LON:MARS)

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