Peel Hunt Reiterates Buy Rating for Marston’s (LON:MARS)

Marston’s (LON:MARS)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research note issued on Tuesday, Marketbeat.com reports. They presently have a GBX 75 price objective on the stock. Peel Hunt’s price target suggests a potential upside of 30.43% from the stock’s current price.

A number of other brokerages also recently issued reports on MARS. Shore Capital reiterated a “buy” rating on shares of Marston’s in a report on Wednesday, October 8th. Panmure Gordon restated a “buy” rating and set a GBX 80 price objective on shares of Marston’s in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Marston’s currently has an average rating of “Buy” and an average price target of GBX 77.50.

Marston’s Trading Down 2.5%

Marston’s stock opened at GBX 57.50 on Tuesday. Marston’s has a 1 year low of GBX 31.10 and a 1 year high of GBX 60.90. The firm’s 50 day moving average price is GBX 44.05 and its 200-day moving average price is GBX 41.97. The company has a debt-to-equity ratio of 198.96, a current ratio of 0.36 and a quick ratio of 0.23. The stock has a market cap of £364.93 million, a P/E ratio of 11.50, a PEG ratio of -0.16 and a beta of 1.68.

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.