Marston’s (MARS) PT Raised to GBX 127

Marston’s (LON:MARS) had its price target increased by JPMorgan Chase & Co. from GBX 123 ($1.61) to GBX 127 ($1.66) in a report published on Wednesday, Digital Look reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Other analysts have also issued research reports about the company. Peel Hunt reaffirmed an add rating on shares of Marston’s in a research note on Friday, May 3rd. Shore Capital reaffirmed a buy rating on shares of Marston’s in a research note on Wednesday, January 23rd. Liberum Capital reaffirmed a buy rating on shares of Marston’s in a research note on Wednesday, January 23rd. Canaccord Genuity raised Marston’s to a buy rating and raised their price target for the stock from GBX 105 ($1.37) to GBX 115 ($1.50) in a research note on Wednesday, February 20th. Finally, Stifel Nicolaus reaffirmed a hold rating and issued a GBX 100 ($1.31) price target on shares of Marston’s in a research note on Monday, March 25th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 112.43 ($1.47).

Shares of MARS stock opened at GBX 109 ($1.42) on Wednesday. Marston’s has a 52 week low of GBX 89.20 ($1.17) and a 52 week high of GBX 109.30 ($1.43). The firm has a market capitalization of $689.53 million and a P/E ratio of 9.40. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 199.78.

The company also recently disclosed a dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Thursday, May 23rd will be given a dividend of GBX 2.70 ($0.04) per share. This represents a yield of 2.57%. The ex-dividend date is Thursday, May 23rd. Marston’s’s dividend payout ratio is currently 0.60%.

About Marston’s

Marston's PLC operates managed, franchised, tenanted, and leased pubs and bars in the United Kingdom and internationally. The company operates through Destination and Premium, Taverns, Leased, and Brewing segments. It provides premium cask and bottled beers through its five breweries. The company is also involved in the property management and development, telecommunications, and insurance businesses.

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Analyst Recommendations for Marston`s (LON:MARS)

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