Marston’s (LON:MARS) Given “Buy” Rating at Shore Capital Group

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

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

Marston’s Stock Down 0.4%

Shares of MARS opened at GBX 55 on Tuesday. 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 stock has a market capitalization of £348.12 million, a price-to-earnings ratio of 4.70, a PEG ratio of -0.16 and a beta of 0.91. The stock has a 50 day moving average price of GBX 49.59 and a 200 day moving average price of GBX 54.99.

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

Marston’s Company Profile

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.