Marston's (LON:MARS – Get Rating) had its target price reduced by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 60 ($0.72) to GBX 50 ($0.60) in a research note issued to investors on Thursday, Digital Look reports. The brokerage presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would indicate a potential upside of 2.85% from the company's previous close.
A number of other analysts also recently weighed in on the stock. Shore Capital reaffirmed a "buy" rating on shares of Marston's in a report on Wednesday. Peel Hunt reiterated a "buy" rating and set a GBX 120 ($1.45) price objective on shares of Marston's in a research report on Tuesday, April 12th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 93 ($1.12).
Get Marston's alerts:Marston's Stock Performance
Shares of Marston's stock opened at GBX 48.62 ($0.59) on Thursday. The company has a 50 day moving average of GBX 52.53 and a 200-day moving average of GBX 68.65. Marston's has a 1-year low of GBX 43 ($0.52) and a 1-year high of GBX 89.80 ($1.08). The company has a current ratio of 0.33, a quick ratio of 0.25 and a debt-to-equity ratio of 395.24. The company has a market cap of £308.30 million and a PE ratio of -17.36.
Insider Buying and Selling at Marston's
In other news, insider William Rucker acquired 200,000 shares of the firm's stock in a transaction dated Thursday, May 19th. The stock was bought at an average cost of GBX 57 ($0.69) per share, for a total transaction of £114,000 ($137,349.40).Marston's Company Profile
(Get Rating)
Marston's PLC operates managed, franchised, tenanted, and leased pubs, bars, restaurants, and accommodations in the United Kingdom and internationally. The company operates through approximately 1,500 bars and pubs; and approximately 1,836 rooms. It is also involved in the property management; telecommunications; and insurance businesses.
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