McCarthy & Stone’s (MCS) Hold Rating Reaffirmed at Berenberg Bank

Berenberg Bank reissued their hold rating on shares of McCarthy & Stone (LON:MCS) in a research report released on Tuesday morning, Digital Look reports. The firm currently has a GBX 120 ($1.57) target price on the stock.

MCS has been the subject of several other reports. Peel Hunt restated a buy rating on shares of McCarthy & Stone in a report on Wednesday, July 31st. Jefferies Financial Group upgraded McCarthy & Stone to a buy rating in a report on Tuesday, June 25th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of GBX 141.38 ($1.85).

Shares of McCarthy & Stone stock traded up GBX 2.30 ($0.03) during trading on Tuesday, hitting GBX 135.20 ($1.77). 484,696 shares of the stock traded hands, compared to its average volume of 1,060,000. The company has a debt-to-equity ratio of 11.74, a quick ratio of 0.31 and a current ratio of 6.43. The company has a market capitalization of $735.60 million and a PE ratio of 17.79. The business has a fifty day simple moving average of GBX 138.49. McCarthy & Stone has a 52 week low of GBX 108.30 ($1.42) and a 52 week high of GBX 145.60 ($1.90).

About McCarthy & Stone

McCarthy & Stone plc, together with its subsidiaries, operates as a retirement housing market in the United Kingdom. The company builds, sells, and manages retirement developments. It offers retirement living developments, which provide apartments for customers aged 60 and over; retirement living plus developments, which are designed for customers aged 70 and over, as well as offers retirement properties with management services, domestic assistance, personal care, and additional support; and lifestyle living developments for customers aged 55 and over.

Recommended Story: How are the companies in the S&P 500 selected?

Analyst Recommendations for McCarthy & Stone (LON:MCS)

Receive News & Ratings for McCarthy & Stone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McCarthy & Stone and related companies with's FREE daily email newsletter.