McCarthy & Stone (LON:MCS)‘s stock had its “buy” rating reissued by research analysts at Peel Hunt in a report released on Monday, April 15th, ThisIsMoney.Co.Uk reports.
Several other brokerages have also recently issued reports on MCS. Berenberg Bank upped their target price on McCarthy & Stone from GBX 110 ($1.44) to GBX 120 ($1.57) and gave the company a “hold” rating in a report on Monday, January 28th. HSBC increased their price target on McCarthy & Stone from GBX 140 ($1.83) to GBX 150 ($1.96) and gave the stock a “hold” rating in a report on Tuesday, March 26th. Canaccord Genuity reiterated a “hold” rating and set a GBX 140 ($1.83) price target on shares of McCarthy & Stone in a report on Wednesday, April 10th. Barclays lowered their price target on McCarthy & Stone from GBX 125 ($1.63) to GBX 124 ($1.62) and set an “underweight” rating for the company in a report on Monday, February 11th. Finally, UBS Group reiterated a “sell” rating and set a GBX 125 ($1.63) price target on shares of McCarthy & Stone in a report on Monday, April 8th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. McCarthy & Stone currently has a consensus rating of “Hold” and a consensus price target of GBX 136.78 ($1.79).
Shares of MCS remained flat at $GBX 134.10 ($1.75) during trading hours on Monday. The company had a trading volume of 857,892 shares, compared to its average volume of 1,060,000. The company has a debt-to-equity ratio of 11.74, a current ratio of 6.43 and a quick ratio of 0.31. McCarthy & Stone has a 52-week low of GBX 96.05 ($1.26) and a 52-week high of GBX 144.40 ($1.89). The stock has a market capitalization of $720.02 million and a PE ratio of 17.64.
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.
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