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MARSTON’S (MARS) 99.9P

Bri­tish brewer and pub op­er­a­tor Marston’s (MARS) is among the names ex­pect­ing to see a boost from the World Cup and any im­prove­ment in trad­ing could act as a cat­a­lyst for a de­pressed share price. At cur­rent lev­els and based on con­sen­sus fore­casts the shares trade on a 2018 price-to-earn­ings ra­tio of 7.2 times and yield 7.6%. Lang­ton Cap­i­tal an­a­lyst Mark Brumby com­ments: ‘The com­pany con­tin­ues to sell prod­uct that the con­sumer would like to buy at a price he/she is pre­pared to pay. Leisure re­mains a growth in­dus­try and, cer­tainly over the medium term, the group should per­form well.’

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