Peel Hunt Reaffirms "Buy" Rating for Marston's (LON:MARS)

Key Points

• Peel Hunt has reaffirmed a "buy" rating for Marston's (LON:MARS) with a target price of GBX 75, indicating a potential upside of 73.61%.
• Shore Capital has also issued a "buy" rating for Marston's, contributing to the stock's overall average rating of "Buy."
• Marston's shares opened at GBX 43.20 and have a market capitalization of £274.17 million, with a one-year trading range between GBX 31.10 and GBX 47.75.

Marston's (LON:MARS - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at Peel Hunt in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. They currently have a GBX 75 price objective on the stock. Peel Hunt's target price points to a potential upside of 73.61% from the stock's current price.

Separately, Shore Capital reissued a "buy" rating on shares of Marston's in a research report on Wednesday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of GBX 75.

Marston's Stock Performance

Shares of MARS opened at GBX 43.20 on Wednesday. The firm has a 50-day moving average of GBX 39.12 and a 200-day moving average of GBX 39.46. Marston's has a one year low of GBX 31.10 and a one year high of GBX 47.75. The company has a market cap of £274.17 million, a PE ratio of 864.00, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68. The company has a debt-to-equity ratio of 198.96, a current ratio of 0.36 and a quick ratio of 0.23.

About Marston's

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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