Trade Report: The N+1 Singer Reiterates “Buy” Rating for Marston's PLC (MARS)

The N+1 Singer Reiterates “Buy” Rating for Marston's PLC (MARS)

Marston's PLC (LON:MARS)‘s stock had its “buy” rating restated by equities researchers at N+1 Singer in a research note issued on Thursday. They currently have a GBX 182 ($2.27) price target on the stock. N+1 Singer’s price target indicates a potential upside of 36.64% from the stock’s current price.

MARS has been the topic of a number of other reports. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 160 ($2.00) price target on shares of Marston's PLC in a report on Thursday, October 13th. Panmure Gordon restated a “buy” rating and set a GBX 175 ($2.19) price target on shares of Marston's PLC in a report on Thursday, September 15th. Beaufort Securities restated a “buy” rating on shares of Marston's PLC in a report on Thursday, October 13th. Numis Securities Ltd cut their price target on Marston's PLC from GBX 185 ($2.31) to GBX 165 ($2.06) and set an “add” rating on the stock in a report on Wednesday, October 12th. Finally, Canaccord Genuity restated a “hold” rating and set a GBX 150 ($1.87) price target on shares of Marston's PLC in a report on Wednesday, October 12th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 162.08 ($2.02).

Marston's PLC (LON:MARS) opened at 132.90 on Thursday. The company’s market capitalization is GBX 763.38 million. Marston's PLC has a 1-year low of GBX 126.80 and a 1-year high of GBX 177.00. The company has a 50 day moving average of GBX 136.21 and a 200 day moving average of GBX 142.25.

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

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