Berenberg Bank Reaffirms Buy Rating for Marshalls (LON:MSLH)

Marshalls (LON:MSLH)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a research note issued on Monday,London Stock Exchange reports. They currently have a GBX 360 target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 155.81% from the company’s previous close.

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

Marshalls Stock Performance

Marshalls stock traded down GBX 4.87 during trading hours on Monday, hitting GBX 140.73. The stock had a trading volume of 26,611,041 shares, compared to its average volume of 3,112,491. The company has a 50-day moving average of GBX 165.96 and a two-hundred day moving average of GBX 171.41. The company has a quick ratio of 1.34, a current ratio of 1.78 and a debt-to-equity ratio of 27.74. Marshalls has a fifty-two week low of GBX 136 and a fifty-two week high of GBX 295. The company has a market cap of £355.83 million, a PE ratio of 14.97, a price-to-earnings-growth ratio of 0.17 and a beta of 1.30.

Marshalls (LON:MSLH) last announced its quarterly earnings data on Monday, March 16th. The company reported GBX 13.40 earnings per share for the quarter. Marshalls had a return on equity of 2.17% and a net margin of 2.28%. On average, equities research analysts anticipate that Marshalls will post 18.2342758 EPS for the current fiscal year.

Insider Activity

In related news, insider Justin Lockwood acquired 260,000 shares of the business’s stock in a transaction on Friday, February 13th. The stock was bought at an average cost of GBX 181 per share, with a total value of £470,600. Insiders own 1.17% of the company’s stock.

Marshalls Company Profile

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.