McCarthy & Stone plc (LON:MCS) had its target price dropped by equities researchers at from GBX 179 ($2.35) to GBX 164 ($2.16) in a research note issued on Tuesday. The brokerage currently has a “hold” rating on the stock. ‘s price target would suggest a potential upside of 4.66% from the company’s current price.
Several other equities research analysts have also weighed in on the company. Barclays PLC reiterated an “underweight” rating and issued a GBX 152 ($2.00) price objective on shares of McCarthy & Stone plc in a research note on Friday, September 22nd. Deutsche Bank AG reiterated a “buy” rating on shares of McCarthy & Stone plc in a research note on Monday, July 17th. Peel Hunt reiterated a “buy” rating and issued a GBX 205 ($2.70) price objective on shares of McCarthy & Stone plc in a research note on Tuesday. Canaccord Genuity lowered their price objective on McCarthy & Stone plc from GBX 195 ($2.56) to GBX 187 ($2.46) and set a “buy” rating on the stock in a research note on Monday, August 7th. Finally, Numis Securities Ltd lowered their price objective on McCarthy & Stone plc from GBX 179 ($2.35) to GBX 164 ($2.16) and set a “hold” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. McCarthy & Stone plc currently has a consensus rating of “Buy” and a consensus target price of GBX 200.11 ($2.63).
McCarthy & Stone plc (MCS) opened at GBX 156.70 ($2.06) on Tuesday. McCarthy & Stone plc has a 12 month low of GBX 143.90 ($1.89) and a 12 month high of GBX 199.60 ($2.63).
McCarthy & Stone plc (LON:MCS) last released its quarterly earnings data on Tuesday, November 14th. The company reported GBX 13.80 ($0.18) earnings per share for the quarter, missing the consensus estimate of GBX 14 ($0.18) by GBX (0.20) ($0.00). McCarthy & Stone plc had a net margin of 7.39% and a return on equity of 5.04%. The company had revenue of £660.90 million during the quarter.
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In other McCarthy & Stone plc news, insider John White bought 100,000 shares of McCarthy & Stone plc stock in a transaction dated Tuesday, November 14th. The shares were acquired at an average cost of GBX 158 ($2.08) per share, with a total value of £158,000 ($207,812.71).
McCarthy & Stone plc Company Profile
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