Marston’s PLC with ticker (LON:MARS) now has a potential upside of 5.6% according to Liberum Capital.
Liberum Capital set a target price of 90 GBX for the company, which when compared to the Marston’s PLC share price of 85 GBX at opening today (08/11/2021) indicates a potential upside of 5.6%. Trading has ranged between 47 (52 week low) and 106 (52 week high) with an average of 2,515,199 shares exchanging hands daily. The market capitalisation at the time of writing is £515,562,668.
Marston’s PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company’s segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services. Its portfolio includes 1,537 pubs and beer brands. Its breweries supply and distribute beers to its estate, supermarkets and other pub businesses across the nation. Its brands include Hobgoblin, Young’s, Bombardier, Lancaster Bomber, Wychwood, Ringwood, Brakspear and Courage.
Marston’s PLC 5.6% potential upside indicated by Liberum Capital
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- Written by: Anthony Fox
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