Marston's receives US private equity approach
29th Jan 2021 11:04
(Sharecast News) - Marston's shares surged after the pub operator and brewer said it received a takeover approach from a US private equity firm.
Read moreMarston's calls for support for pubs during lockdown
8th Jan 2021 08:07
(Sharecast News) - Marston's boss called on the government to support pubs unable to trade during the Covid-19 lockdown as the company said it was financially strong enough to deal with the crisis.
Read moreMarston's to operate 156 Brains pubs in Wales
23rd Dec 2020 07:55
(Sharecast News) - Marston's has exchanged contracts with struggling Welsh pub chain Brains to operate its portfolio of 156 pubs on a combination of leased and management contract arrangements.
Read moreRevenues tumble at Marston's as pandemic takes it toll
10th Dec 2020 08:39
(Sharecast News) - Marston's saw revenues and profits tumble in 2020, after lockdown measures closed its pubs during an "extraordinarily difficult" year for the sector.
Read moreMarston's seeks bondholder waivers amid lockdown
11th Nov 2020 09:52
(Sharecast News) - Marston's has asked its bondholders for waivers to help the pub company get through the second Covid-19 lockdown and any further restrictions over the winter.
Read moreMarston's to axe 2,150 jobs as fresh restrictions bite
15th Oct 2020 11:10
(Sharecast News) - Pub and brewing company Marston's is to axe more than 2,000 jobs after fresh restrictions were announced for the hospitality sector.
Read moreMarston's says JV with Carlsberg likely to complete in Q4
23rd Jul 2020 13:45
(Sharecast News) - Brewery, pub and hotel operator Marston's said on Thursday that completion of its brewing joint venture with Carlsberg will occur a little later than expected.
Read moreMarston's profit plunges as Covid-19 wipes £40m off sales
26th Jun 2020 08:03
(Sharecast News) - Marston's first half profit fell by more than 70% after the Covid-19 lockdown knocked £40m off revenues in March.
Read moreWedneday broker round-up
27th May 2020 14:15
(Sharecast News) - Hurricane energy: Canaccord downgrades to speculative buy with a target price of 16p.
Read moreLiberum bumps up Marston's price target on Carlsberg JV
27th May 2020 08:13
(Sharecast News) - Broker Liberum upped its price target on buy-rated Marston's to 90p from 65p on Wednesday as it argued that the creation of a brewing joint venture with Carlsberg, announced last week, "solves several near-term issues and should continue to drive value over the medium to long term".
Read moreTuesday broker round-up
26th May 2020 13:50
(Sharecast News) - Greencore Group: Peel Hunt reiterates hold with a target price of 130p.
Read moreMarston's forms brewing JV with Carlsberg UK
22nd May 2020 13:39
(Sharecast News) - Marston's has formed a new joint venture partnership with Carlsberg UK to create a "best-in-class, brand-led UK brewer of scale" worth around £780m.
Read moreWednesday broker round-up
13th May 2020 13:42
(Sharecast News) - Rathbone Brothers: Canaccord upgrades to buy with a target price of 1,846p.
Read moreJPM upgrades M&B in 'precarious times' for UK pubs
30th Apr 2020 12:09
(Sharecast News) - JP Morgan raised its rating on Mitchells & Butlers to 'overweight' as it cut 2020 earnings estimates for UK pub companies by an average of two-thirds to reflect the Covid-19 shutdown.
Read moreTuesday broker round-up
21st Apr 2020 13:52
(Sharecast News) - Wetherspoons: Jefferies upgrades to buy with a target price of 1,150p.
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