Marston's PLC (LON:MARS) had its price target dropped by research analysts at Numis Securities Ltd from GBX 185 ($2.29) to GBX 165 ($2.04) in a report released on Wednesday. The firm currently has an “add” rating on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 19.05% from the company’s current price.
Several other research analysts have also recently issued reports on MARS. Canaccord Genuity reiterated a “hold” rating and issued a GBX 175 ($2.17) price objective on shares of Marston's PLC in a research report on Wednesday, June 29th. JPMorgan Chase & Co. upgraded Marston's PLC to an “overweight” rating and cut their price objective for the stock from GBX 160 ($1.98) to GBX 150 ($1.86) in a research report on Monday, July 4th. Citigroup Inc. cut Marston's PLC to a “sell” rating in a research report on Thursday, July 7th. Panmure Gordon reiterated a “buy” rating and issued a GBX 175 ($2.17) price objective on shares of Marston's PLC in a research report on Wednesday, July 27th. Finally, Shore Capital reiterated a “buy” rating on shares of Marston's PLC in a research report on Wednesday, July 27th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 162.08 ($2.01).
Marston's PLC (LON:MARS) opened at 141.60 on Wednesday. The stock’s 50 day moving average price is GBX 145.26 and its 200 day moving average price is GBX 145.38. Marston's PLC has a 12-month low of GBX 126.80 and a 12-month high of GBX 177.00. The stock’s market cap is GBX 813.35 million.