Marston’s PLC (LON:MARS) Insider Andrew Andrea Buys 29,259 Shares

Marston’s PLC (LON:MARS – Get Rating) insider Andrew Andrea bought 29,259 shares of Marston’s stock in a transaction dated Tuesday, May 23rd. The stock was purchased at an average price of GBX 34 ($0.42) per share, with a total value of £9,948.06 ($12,373.21).

Marston’s Stock Performance

MARS opened at GBX 33.05 ($0.41) on Thursday. Marston’s PLC has a 1-year low of GBX 32 ($0.40) and a 1-year high of GBX 62.35 ($0.78). The stock has a market cap of £218.26 million, a P/E ratio of 165.25, a P/E/G ratio of -0.16 and a beta of 1.48. The stock’s 50 day simple moving average is GBX 35.01 and its 200 day simple moving average is GBX 38.09. The company has a debt-to-equity ratio of 254.62, a current ratio of 0.30 and a quick ratio of 0.23.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on MARS. Peel Hunt reiterated a “buy” rating and set a GBX 75 ($0.93) target price on shares of Marston’s in a research report on Tuesday, May 16th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 54 ($0.67) target price on shares of Marston’s in a report on Tuesday. Finally, Shore Capital reaffirmed a “buy” rating on shares of Marston’s in a research note on Tuesday, May 16th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Marston’s has a consensus rating of “Hold” and a consensus target price of GBX 52.10 ($0.65).

Marston’s Company Profile

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Marston's PLC operates managed, franchised, and leased pubs in the United Kingdom. As of October 11, 2022, the company operated 1,468 pubs. 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.