McCarthy & Stone PLC (LON:MCS)‘s stock had its “hold” rating reiterated by investment analysts at Deutsche Bank AG in a research note issued to investors on Tuesday. They currently have a GBX 216 ($2.70) price target on the stock. Deutsche Bank AG’s target price would indicate a potential upside of 28.42% from the company’s previous close.
Several other equities analysts have also weighed in on MCS. Peel Hunt reduced their target price on shares of McCarthy & Stone PLC from GBX 270 ($3.37) to GBX 235 ($2.94) and set a “buy” rating on the stock in a report on Friday, September 2nd. Canaccord Genuity began coverage on shares of McCarthy & Stone PLC in a report on Tuesday, October 11th. They set a “buy” rating and a GBX 185 ($2.31) target price on the stock. Jefferies Group began coverage on shares of McCarthy & Stone PLC in a report on Tuesday, October 11th. They set a “buy” rating and a GBX 249 ($3.11) target price on the stock. Finally, Goldman Sachs Group Inc. restated a “buy” rating and set a GBX 227 ($2.84) target price on shares of McCarthy & Stone PLC in a report on Monday, September 12th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 227.10 ($2.84).
McCarthy & Stone PLC (LON:MCS) traded up 0.36% during trading on Tuesday, hitting GBX 168.20. The company had a trading volume of 413,613 shares. The company’s 50 day moving average price is GBX 168.98 and its 200-day moving average price is GBX 185.13. The company’s market cap is GBX 903.76 million. McCarthy & Stone PLC has a 12 month low of GBX 129.36 and a 12 month high of GBX 295.00.
The company also recently disclosed a dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Thursday, January 5th will be issued a GBX 3.50 ($0.04) dividend. The ex-dividend date is Thursday, January 5th. This represents a yield of 2.08%. This is a positive change from McCarthy & Stone PLC’s previous dividend of $1.00.