Marston’s (LON:MARS) Given Overweight Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their overweight rating on shares of Marston’s (LON:MARS) in a report published on Wednesday, MarketBeat Ratings reports.

Separately, Shore Capital reissued a buy rating on shares of Marston’s in a research note on Wednesday, July 24th.

Marston’s Trading Up 2.3 %

Shares of MARS opened at GBX 37.20 ($0.49) on Wednesday. The business’s 50-day moving average price is GBX 38.83 and its 200 day moving average price is GBX 33.45. The stock has a market capitalization of £235.91 million, a P/E ratio of -1,240.00, a P/E/G ratio of -0.16 and a beta of 1.68. Marston’s has a 1-year low of GBX 25.55 ($0.33) and a 1-year high of GBX 44.70 ($0.58). The company has a current ratio of 0.15, a quick ratio of 0.23 and a debt-to-equity ratio of 269.71.

Insiders Place Their Bets

In other Marston’s news, insider Ken Lever acquired 280,000 shares of the firm’s stock in a transaction on Thursday, July 25th. The stock was purchased at an average cost of GBX 38 ($0.50) per share, for a total transaction of £106,400 ($139,139.53). Corporate insiders own 1.83% of the company’s stock.

Marston’s Company Profile

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.