A statement released earlier today by Numis about Marston's PLC (LON:MARS) bumps down the target price to 165.00GBX
- Updated: October 11, 2016
Having a price of 140.25GBX, Marston's PLC (LON:MARS) traded -1.95% lower on the day. With the last close down -3.88% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Marston's PLC has recorded a 50-day average of 145.63GBX and a two hundred day average of 145.47GBX. Volume of trade was down over the average, with 1,146,517 shares of MARS changing hands under the typical 1,182,170
Stating a potential upside of 0.18%, Numis dropped the price target of Marston's PLC (LON:MARS) to 165.00GBX
On 09/15/2016, Panmure Gordon released a statement on Marston's PLC (LON:MARS) maintained the target price at 175.00GBX that suggested an upside of 0.23%.
With a total market value of 0 GBX, Marston's PLC has price-earnings ratio of 11.56 with a one year low of 126.80GBX and a one year high of 177.00GBX .
A total of 12 analysts have released a report on Marston's PLC. Four analysts rating the company a strong buy, two analysts rating the company a buy, four analysts rating the company a hold, three analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 163.92GBX.
More About Marston's PLC (LON:MARS)
Marston's PLC, engaged in the United Kingdom, is engaged in the operations of managed, tenanted, leased and franchised public houses, brewing beer and selling beer, wines, spirits and soft drinks. It operates around 2,000 pubs and bars across the United Kingdom. It operates five breweries: Banks's Brewery in Wolverhampton; Marston's Brewery in Burton upon Trent; Jennings Brewery in the Lake District; Ringwood Brewery in Hampshire, and Wychwood Brewery in Oxfordshire. The Company operates through the following segments: Destination; Franchise, Leased and the Marston's Beer Company. The Destination segment consists of New-Build Development and Premium. It consists of the pubs where there are more food options and the primary reason for a consumer visit is to dine. Premium comprises pubs operating under the Revere Pub Company.
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