Marston’s’ (MARS) Buy Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Marston’s (LON:MARS) in a research report report published on Wednesday, MarketBeat reports.

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Marston’s in a report on Wednesday, September 11th.

Marston’s Price Performance

LON MARS opened at GBX 42.05 ($0.55) on Wednesday. The company has a debt-to-equity ratio of 269.71, a current ratio of 0.15 and a quick ratio of 0.23. Marston’s has a 1-year low of GBX 25.55 ($0.33) and a 1-year high of GBX 46.65 ($0.61). The stock has a market capitalization of £266.67 million, a price-to-earnings ratio of -1,401.67, a PEG ratio of -0.16 and a beta of 1.68. The business’s fifty day moving average price is GBX 40.67 and its 200-day moving average price is GBX 35.63.

Insider Activity at Marston’s

In other Marston’s news, insider Ken Lever bought 280,000 shares of Marston’s stock in a transaction on Thursday, July 25th. The stock was acquired at an average cost of GBX 38 ($0.50) per share, with a total value of £106,400 ($138,939.67). 1.83% of the stock is currently owned by company insiders.

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.