Insider Buying: Marshalls (LON:MSLH) Insider Buys 260,000 Shares of Stock

Marshalls plc (LON:MSLH) insider Justin Lockwood purchased 260,000 shares of the stock in a transaction on Friday, February 13th. The shares were purchased at an average price of GBX 181 per share, with a total value of £470,600.

Marshalls Stock Up 0.2%

Shares of MSLH traded up GBX 0.40 during mid-day trading on Friday, reaching GBX 178. The company’s stock had a trading volume of 538,543 shares, compared to its average volume of 3,479,990. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34. Marshalls plc has a 12-month low of GBX 155 and a 12-month high of GBX 295. The stock has a market cap of £450.08 million, a PE ratio of 18.94, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company’s 50 day moving average is GBX 173.43 and its 200 day moving average is GBX 176.90.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada decreased their price objective on shares of Marshalls from GBX 240 to GBX 195 and set a “sector perform” rating for the company in a research note on Tuesday, January 20th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 316.25.

About Marshalls

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.