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Pin to quick picksMarstons Share News (MARS)

Share Price Information for Marstons (MARS)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 36.60
Bid: 36.45
Ask: 36.60
Change: 0.00 (0.00%)
Spread: 0.15 (0.412%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 36.60
MARS Live PriceLast checked at -

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SMALL-CAP WINNERS & LOSERS: Marston's continues to rise after upgrade

Fri, 15th Dec 2023 10:19

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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SMALL-CAP - WINNERS

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Marston's PLC, up 6.6% at 32.09 pence, 12-month range 26.80p-45.68p. On Thursday, JPMorgan raises the pub operator's stock to 'overweight' from 'neutral' and up price target to 58p from 54p. Over the past five days, the stock is up 7.5%.

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Tullow Oil PLC, up 3.0% at 35.44p, 12-month range 21.82p-40.20p. The oil and gas explorer and producer announces final results of tender offer for 2025 loan notes. It says USD140.9 million of notes were tendered. Chief Financial Officer Richard Miller says: "2023 has been a transformative year for our balance sheet. Following the start-up of the Jubilee South East project earlier this year, we are now in a period of material free cash flow, with approximately USD800 million expected to be generated between 2023 to 2025."

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SMALL-CAP - LOSERS

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GCP Asset Backed Income Fund Ltd, down 2.8% at 62.60p, 12-month range 51.20p-87.00p. Shares continue to fall after difficult year so far. In the year-to-date, GCP shares have lost 27%.

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By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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21 Jan 2025 11:06

IN BRIEF: Marston's confident on profit after strong festive pub trade

Marston's PLC - Wolverhampton, England-based based operator of 1,334 pubs across UK - Expects to meet market expectations for GBP68.3 million in underlying pretax profit for financial 2025, which runs to the end of September, after a "particularly strong key festive trading period". This would be up 62% from GBP42.1 million in financial 2024. In the 16 weeks that ended on Saturday, total retail sales in managed and partnership pubs was up 3.0% on year, driven by both food and drink sales, Marston's says. Within this, like-for-like sales were up 2.0%, as the core Christmas period offset poor weather in November and January. In the two weeks from December 22 to January 4, LFL sales were up 11% on year, including "record" sales on Christmas Day itself. Marston's will publish its half-year results on May 13.

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21 Jan 2025 10:35

Marston's sales growth slowed by harsh UK weather

Analysts expect Marston's to raise prices in March

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21 Jan 2025 10:15

Marston's delivers 'strong growth' over key festive trading period

(Sharecast News) - Pub landlord Marston's said on Tuesday that it had delivered "strong growth" over the key festive trading period, with continued confidence in delivering FY25 market expectations.

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14 Jan 2025 12:17

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3 Dec 2024 11:43

Marston's confident for Christmas and future as swings to profit

(Alliance News) - Marston's PLC on Tuesday said Christmas bookings were ahead of last year amid high levels of reservations, as it highlighted confidence in its outlook despite some pressure costs from the UK budget.

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3 Dec 2024 10:21

SMALL-CAP WINNERS & LOSERS: Genel slumps on legal blow; Marston's up

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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3 Dec 2024 09:33

Marston's upbeat as full-year profits rise

(Sharecast News) - Pub group Marston's reported a rise in full-year profit and revenue on Tuesday as it struck an upbeat note about the outlook.

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LONDON MARKET OPEN: Strong start before US data; earnings boost 250s

(Alliance News) - Stock prices in London opened higher on Tuesday, supported by travel stocks, oil majors and miners, and for now shaking off worries about possible tariffs during the Trump-era and any nerves ahead of US jobs data.

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29 Nov 2024 09:37

JP Morgan toasts European leisure sector

(Sharecast News) - JP Morgan has adopted a positive position on European hotel and gaming stocks, including upgrading France's Accor and reiterating its 'overweight' rating on Marston's.

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(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

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30 Oct 2024 14:14

UK BUDGET: Reeves delivers win for gambling stocks and cheer for pubs

(Alliance News) - Shares in betting firms leapt after Wednesday's budget contained no rumoured tax changes, while a cut in beer duty provided cheer to pub operators.

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