Marston’s (LON:MARS) Earns “Buy” Rating from Shore Capital Group

Marston’s (LON:MARS)‘s stock had its “buy” rating reissued by research analysts at Shore Capital Group in a research report issued to clients and investors on Tuesday,Digital Look reports. They currently have a GBX 90 price objective on the stock. Shore Capital Group’s price target suggests a potential upside of 63.64% from the stock’s previous close.

Separately, JPMorgan Chase & Co. lowered their target price on Marston’s from GBX 85 to GBX 81 and set an “overweight” rating for the company in a research note on Tuesday, April 28th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Marston’s currently has a consensus rating of “Buy” and an average target price of GBX 81.50.

Marston’s Trading Down 0.4%

LON MARS opened at GBX 55 on Tuesday. The firm has a 50 day simple moving average of GBX 49.59 and a 200-day simple moving average of GBX 54.99. The company has a debt-to-equity ratio of 154.69, a quick ratio of 0.23 and a current ratio of 0.30. Marston’s has a one year low of GBX 35.88 and a one year high of GBX 69.20. The firm has a market cap of £348.12 million, a price-to-earnings ratio of 4.70, a PEG ratio of -0.16 and a beta of 0.91.

Marston’s (LON:MARS) last announced its earnings results on Tuesday, May 12th. The company reported GBX 2.30 earnings per share for the quarter. Marston’s had a net margin of 8.35% and a return on equity of 9.30%. The firm had revenue of £422.70 million for the quarter. Equities research analysts anticipate that Marston’s will post 8.364486 EPS for the current fiscal year.

About Marston’s

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007. The company was founded in 1834 and is based in Wolverhampton, the United Kingdom.