Marston's PLC (LON:MARS)‘s stock had its “overweight” rating reissued by investment analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday. They currently have a GBX 160 ($1.98) price target on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 20.12% from the stock’s previous close.
MARS has been the topic of several other research reports. Beaufort Securities restated a “buy” rating on shares of Marston's PLC in a report on Thursday, October 13th. Numis Securities Ltd dropped their price target on shares of Marston's PLC from GBX 185 ($2.30) to GBX 165 ($2.05) and set an “add” rating on the stock in a research note on Wednesday, October 12th. Goodbody reaffirmed a “hold” rating on shares of Marston's PLC in a research note on Thursday, November 24th. Canaccord Genuity reaffirmed a “hold” rating and set a GBX 150 ($1.86) price target on shares of Marston's PLC in a research note on Wednesday, October 12th. Finally, N+1 Singer reaffirmed a “buy” rating and set a GBX 182 ($2.26) price target on shares of Marston's PLC in a research note on Thursday, November 24th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. Marston's PLC has an average rating of “Hold” and an average price target of GBX 161.42 ($2.00).
Shares of Marston's PLC (LON:MARS) opened at 135.672 on Friday. Marston's PLC has a 52 week low of GBX 126.80 and a 52 week high of GBX 177.00. The firm’s market cap is GBX 779.30 million. The stock’s 50 day moving average is GBX 135.83 and its 200 day moving average is GBX 142.13.
The firm also recently disclosed a dividend, which will be paid on Monday, January 30th. Investors of record on Thursday, December 15th will be given a dividend of GBX 4.70 ($0.06) per share. This represents a dividend yield of 3.56%. The ex-dividend date of this dividend is Thursday, December 15th. This is an increase from Marston's PLC’s previous dividend of $2.60.
In other Marston's PLC news, insider Catherine Glickman acquired 25,000 shares of the stock in a transaction that occurred on Friday, November 25th. The stock was acquired at an average price of GBX 133 ($1.65) per share, with a total value of £33,250 ($41,247.98). Also, insider Ralph Graham Findlay acquired 18,675 shares of the stock in a transaction that occurred on Monday, November 28th. The shares were acquired at an average cost of GBX 133 ($1.65) per share, with a total value of £24,837.75 ($30,812.24).