McCarthy & Stone (MCS) Given “Buy” Rating at Canaccord Genuity

McCarthy & Stone (LON:MCS)‘s stock had its “buy” rating reissued by equities research analysts at Canaccord Genuity in a report released on Wednesday. They currently have a GBX 165 ($2.33) price target on the stock. Canaccord Genuity’s price objective indicates a potential upside of 23.41% from the stock’s current price.

A number of other equities research analysts have also weighed in on MCS. Peel Hunt decreased their price objective on shares of McCarthy & Stone from GBX 185 ($2.61) to GBX 170 ($2.40) and set a “buy” rating for the company in a report on Wednesday. Deutsche Bank reiterated a “buy” rating on shares of McCarthy & Stone in a report on Friday, April 6th. Barclays reiterated an “underweight” rating and set a GBX 136 ($1.92) price objective on shares of McCarthy & Stone in a report on Wednesday, March 14th. Finally, Numis Securities reiterated a “hold” rating and set a GBX 135 ($1.91) price objective on shares of McCarthy & Stone in a report on Wednesday, March 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. McCarthy & Stone presently has a consensus rating of “Hold” and a consensus price target of GBX 177 ($2.50).

MCS stock opened at GBX 133.70 ($1.89) on Wednesday. McCarthy & Stone has a 12 month low of GBX 130.90 ($1.85) and a 12 month high of GBX 197.60 ($2.79).

McCarthy & Stone (LON:MCS) last released its quarterly earnings results on Wednesday, April 11th. The company reported GBX 1.70 ($0.02) EPS for the quarter, missing analysts’ consensus estimates of GBX 1.80 ($0.03) by GBX (0.10) ($0.00). McCarthy & Stone had a return on equity of 15.67% and a net margin of 13.44%.

In related news, insider John Tonkiss acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The stock was bought at an average price of GBX 135 ($1.91) per share, for a total transaction of £13,500 ($19,081.27).

ILLEGAL ACTIVITY NOTICE: “McCarthy & Stone (MCS) Given “Buy” Rating at Canaccord Genuity” was first published by Dakota Financial News and is the sole property of of Dakota Financial News. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at

About McCarthy & Stone

McCarthy & Stone plc is a United Kingdom-based retirement house builder. The Company is the parent company of the McCarthy & Stone Group. Its subsidiaries include McCarthy & Stone Retirement Lifestyles Limited and McCarthy & Stone Management Services Limited. Ortus Homes is a trading name of the Company.

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's FREE daily email newsletter.

Leave a Reply