Marston's (LON:MARS) Earns Buy Rating from Shore Capital

Key Points

• Marston's stock received a renewed "buy" rating from Shore Capital, highlighting continued optimism from equity researchers.
• The stock experienced a 9.1% increase during mid-day trading on Wednesday, reaching GBX 42.28.
• Marston's operates a variety of pubs in the UK and has diversified interests in property management, telecommunications, and insurance.

Marston's (LON:MARS - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at Shore Capital in a research note issued on Wednesday, Marketbeat reports.

Marston's Stock Up 9.1%

MARS traded up GBX 3.53 during mid-day trading on Wednesday, reaching GBX 42.28. 7,817,786 shares of the stock were exchanged, compared to its average volume of 1,293,212. The company has a debt-to-equity ratio of 198.96, a quick ratio of 0.23 and a current ratio of 0.36. The stock has a market capitalization of £268.30 million, a PE ratio of 845.50, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68. The company has a 50 day moving average price of GBX 39.13 and a two-hundred day moving average price of GBX 39.45. Marston's has a 1 year low of GBX 31.10 and a 1 year high of GBX 47.75.

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.

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