Marston’s (LON:MARS) Given Buy Rating at Peel Hunt

Marston’s (LON:MARS)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a note issued to investors on Tuesday,London Stock Exchange reports. They presently have a GBX 75 price objective on the stock. Peel Hunt’s price objective suggests a potential upside of 27.12% from the company’s previous close.

Several other analysts have also recently weighed in on MARS. Shore Capital reaffirmed a “buy” rating on shares of Marston’s in a research report on Wednesday, October 8th. Panmure Gordon reissued a “buy” rating and set a GBX 80 price objective on shares of Marston’s in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 77.50.

Marston’s Trading Up 18.0%

LON MARS traded up GBX 9 during trading on Tuesday, hitting GBX 59. The company had a trading volume of 33,230,145 shares, compared to its average volume of 1,563,484. The company’s fifty day moving average is GBX 43.26 and its 200-day moving average is GBX 41.74. The company has a market cap of £374.45 million, a price-to-earnings ratio of 11.80, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68. The company has a current ratio of 0.36, a quick ratio of 0.23 and a debt-to-equity ratio of 198.96. Marston’s has a one year low of GBX 31.10 and a one year high of GBX 60.90.

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.