Trading Report: Today, Marston’s PLC (MARS) Given Buy Rating at Beaufort Securities

Today, Marston’s PLC (MARS) Given Buy Rating at Beaufort Securities

Marston's PLC (LON:MARS)‘s stock had its “buy” rating restated by stock analysts at Beaufort Securities in a report released on Friday.

Several other brokerages have also recently weighed in on MARS. Numis Securities Ltd reiterated an “add” rating and set a GBX 165 ($2.06) price target on shares of Marston's PLC in a research report on Thursday. Canaccord Genuity restated a “hold” rating and issued a GBX 150 ($1.87) price objective on shares of Marston's PLC in a research report on Thursday. JPMorgan Chase & Co. boosted their price objective on Marston's PLC from GBX 150 ($1.87) to GBX 160 ($2.00) and gave the company an “overweight” rating in a research report on Thursday, July 28th. N+1 Singer boosted their price objective on Marston's PLC from GBX 170 ($2.12) to GBX 182 ($2.27) and gave the company a “buy” rating in a research report on Wednesday, October 12th. Finally, HSBC cut their price objective on Marston's PLC from GBX 150 ($1.87) to GBX 140 ($1.75) and set a “hold” rating for the company in a research report on Monday, August 1st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 162.08 ($2.02).

Shares of Marston's PLC (LON:MARS) opened at 133.00 on Friday. The company has a 50-day moving average price of GBX 136.54 and a 200-day moving average price of GBX 142.32. Marston's PLC has a 12 month low of GBX 126.80 and a 12 month high of GBX 177.00. The company’s market capitalization is GBX 763.95 million.

The firm also recently declared a dividend, which will be paid on Monday, January 30th. Stockholders of record on Thursday, December 15th will be paid a GBX 4.70 ($0.06) dividend. This represents a dividend yield of 3.56%. The ex-dividend date of this dividend is Thursday, December 15th. This is a positive change from Marston's PLC’s previous dividend of $2.60.

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