McCarthy & Stone’s (MCS) “Buy” Rating Reaffirmed at Peel Hunt

McCarthy & Stone (LON:MCS)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a research report issued on Monday.

MCS has been the topic of several other reports. Berenberg Bank increased their target price on McCarthy & Stone from GBX 110 ($1.44) to GBX 120 ($1.57) and gave the stock a “hold” rating in a report on Tuesday, October 2nd. Canaccord Genuity reiterated a “hold” rating on shares of McCarthy & Stone in a research report on Tuesday, September 25th. UBS Group reiterated a “sell” rating and issued a GBX 125 ($1.63) target price (up from GBX 102 ($1.33)) on shares of McCarthy & Stone in a research report on Friday, November 30th. Barclays raised their price objective on McCarthy & Stone from GBX 93 ($1.22) to GBX 125 ($1.63) and gave the stock an “underweight” rating in a research report on Tuesday, November 20th. Finally, Deutsche Bank raised their price objective on McCarthy & Stone from GBX 165 ($2.16) to GBX 168 ($2.20) and gave the stock a “buy” rating in a research report on Thursday, August 30th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 136.13 ($1.78).

LON MCS opened at GBX 136 ($1.78) on Monday. McCarthy & Stone has a 52 week low of GBX 130.90 ($1.71) and a 52 week high of GBX 197.60 ($2.58).

McCarthy & Stone (LON:MCS) last posted its quarterly earnings results on Tuesday, November 13th. The company reported GBX 9.20 ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 9.70 ($0.13) by GBX (0.50) (($0.01)).

McCarthy & Stone Company Profile

McCarthy & Stone plc, together with its subsidiaries, operates as a retirement housing market in the United Kingdom. The company builds, sells, and manages retirement developments. It offers retirement living developments, which provides apartments for homeowners aged 60 and over; retirement living plus developments, which are designed for customers aged 70 and over, as well as offers a retirement apartment with management services, domestic assistance, personal care, and additional support; and lifestyle living for customers aged 55 and over.

See Also: Debt-To-Equity Ratio

Analyst Recommendations for McCarthy & Stone (LON:MCS)

Receive News & Ratings for McCarthy & Stone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McCarthy & Stone and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply