Marston's’ (LON:MARS) Overweight Rating Reaffirmed at JPMorgan Chase & Co.

Marston's (LON:MARS)‘s stock had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday, January 24th. They presently have a GBX 130 ($1.82) target price on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 23.34% from the stock’s current price.

MARS has been the subject of a number of other reports. Peel Hunt reiterated a “buy” rating and issued a GBX 140 ($1.96) price target on shares of Marston's in a research note on Friday, January 19th. Numis Securities cut Marston's to a “hold” rating and set a GBX 125 ($1.75) price target for the company. in a research note on Tuesday, January 23rd. N+1 Singer reiterated a “buy” rating and issued a GBX 120 ($1.68) price target on shares of Marston's in a research note on Thursday, November 30th. Shore Capital reiterated a “buy” rating on shares of Marston's in a research note on Tuesday, January 23rd. Finally, Barclays restated an “underweight” rating and issued a GBX 115 ($1.61) price objective on shares of Marston's in a research note on Wednesday, November 29th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 123 ($1.72).

Marston's (MARS) traded down GBX 0.80 ($0.01) during trading on Wednesday, reaching GBX 105.40 ($1.48). The company’s stock had a trading volume of 2,502,915 shares, compared to its average volume of 2,600,000. Marston's has a 52 week low of GBX 99.85 ($1.40) and a 52 week high of GBX 147.70 ($2.07). The stock has a market capitalization of $667.57 and a PE ratio of 752.86.

In other news, insider Ralph Graham Findlay purchased 165,438 shares of the stock in a transaction dated Tuesday, December 5th. The shares were purchased at an average cost of GBX 120 ($1.68) per share, with a total value of £198,525.60 ($278,358.95).

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About Marston's

Marston’s PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company’s segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services.

Analyst Recommendations for Marston's (LON:MARS)

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