Peel Hunt Downgrades Marston’s (MARS) to Add

Peel Hunt downgraded shares of Marston’s (LON:MARS) to an add rating in a report published on Friday, ThisIsMoney.Co.Uk reports. They currently have GBX 115 ($1.50) price objective on the stock, down from their previous price objective of GBX 125 ($1.63).

A number of other equities research analysts have also issued reports on MARS. Berenberg Bank restated a hold rating and set a GBX 105 ($1.37) price target on shares of Marston’s in a report on Friday, January 11th. Liberum Capital reiterated a buy rating on shares of Marston’s in a research note on Wednesday, January 23rd. Shore Capital reiterated a buy rating on shares of Marston’s in a research note on Wednesday, January 23rd. Canaccord Genuity reiterated a hold rating and issued a GBX 105 ($1.37) price objective on shares of Marston’s in a research note on Friday, January 25th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Marston’s from GBX 125 ($1.63) to GBX 123 ($1.61) and set an overweight rating on the stock in a research note on Tuesday, March 5th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 111.44 ($1.46).

MARS stock opened at GBX 100.50 ($1.31) on Friday. Marston’s has a 52-week low of GBX 89.20 ($1.17) and a 52-week high of GBX 112.30 ($1.47). The company has a current ratio of 0.70, a quick ratio of 0.27 and a debt-to-equity ratio of 180.13. The company has a market cap of $636.86 million and a PE ratio of 14.36.

Marston’s Company Profile

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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