Marston’s (LON:MARS) Earns Overweight Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their overweight rating on shares of Marston’s (LON:MARS) in a research report sent to investors on Wednesday morning, MarketBeat reports.

Separately, Shore Capital reiterated a buy rating on shares of Marston’s in a report on Wednesday, July 24th.

Marston’s Price Performance

MARS opened at GBX 36.45 ($0.48) on Wednesday. Marston’s has a 52-week low of GBX 25.55 ($0.33) and a 52-week high of GBX 44.70 ($0.58). The company has a 50 day moving average of GBX 38.48 and a two-hundred day moving average of GBX 33.34. The company has a market cap of £231.16 million, a P/E ratio of -1,201.67, a P/E/G ratio of -0.16 and a beta of 1.63. The company has a quick ratio of 0.23, a current ratio of 0.15 and a debt-to-equity ratio of 269.71.

Insiders Place Their Bets

In other news, insider Ken Lever acquired 280,000 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were bought at an average price of GBX 38 ($0.50) per share, for a total transaction of £106,400 ($139,139.53). 1.83% of the stock is owned by company insiders.

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.