Marston’s (MARS) Reaches New 52-Week High at $109.30

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Marston’s PLC (LON:MARS) shares reached a new 52-week high on Friday . The stock traded as high as GBX 109.30 ($1.43) and last traded at GBX 109 ($1.42), with a volume of 1629374 shares. The stock had previously closed at GBX 106.80 ($1.40).

MARS has been the subject of several recent analyst reports. Peel Hunt restated a “buy” rating on shares of Marston’s in a research note on Friday, January 18th. Liberum Capital restated a “buy” rating on shares of Marston’s in a research note on Wednesday, January 23rd. Shore Capital reaffirmed a “buy” rating on shares of Marston’s in a report on Wednesday, January 23rd. Canaccord Genuity reaffirmed a “hold” rating and set a GBX 105 ($1.37) price objective on shares of Marston’s in a report on Friday, January 25th. Finally, JPMorgan Chase & Co. decreased their price objective on Marston’s from GBX 125 ($1.63) to GBX 123 ($1.61) and set an “overweight” rating on the stock in a report on Tuesday, March 5th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. Marston’s presently has a consensus rating of “Hold” and a consensus price target of GBX 109.63 ($1.43).

The firm has a market capitalization of $689.53 million and a PE ratio of 9.40. The company has a debt-to-equity ratio of 199.78, a current ratio of 0.54 and a quick ratio of 0.44.

The company also recently disclosed a dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Thursday, May 23rd will be issued a dividend of GBX 2.70 ($0.04) per share. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a dividend yield of 2.57%. Marston’s’s dividend payout ratio (DPR) is 0.60%.

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Marston’s Company Profile (LON:MARS)

Marston's PLC operates managed, franchised, tenanted, and leased pubs and bars in the United Kingdom and internationally. The company operates through Destination and Premium, Taverns, Leased, and Brewing segments. It provides premium cask and bottled beers through its five breweries. The company is also involved in the property management and development, telecommunications, and insurance businesses.

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