Berenberg Bank reiterated their buy rating on shares of Marlowe (LON:MRL – Get Rating) in a research note published on Friday morning, Marketbeat.com reports. They currently have a GBX 1,160 ($15.21) price objective on the stock.
Shares of LON:MRL opened at GBX 930 ($12.20) on Friday. The company has a market cap of £891.26 million and a P/E ratio of -715.38. The company has a debt-to-equity ratio of 45.25, a quick ratio of 1.38 and a current ratio of 1.58. Marlowe has a one year low of GBX 730 ($9.57) and a one year high of GBX 1,094 ($14.35). The business’s 50-day simple moving average is GBX 849.08 and its 200 day simple moving average is GBX 906.16.
In other Marlowe news, insider Adam Councell acquired 5,600 shares of the company’s stock in a transaction on Tuesday, January 25th. The shares were bought at an average cost of GBX 892 ($11.70) per share, for a total transaction of £49,952 ($65,510.82).
Marlowe plc provides water treatment, air hygiene, health and safety, and risk and compliance software services in the United Kingdom. The company operates through two segments, Governance, Risk & Compliance; and Testing, Inspection & Certification. It provides health and safety, HR compliance, occupational health, and risk management software; designs, installs, and maintains fire protection and security systems; and provides integrated water treatment, hygiene, testing, monitoring, wastewater, and engineering services.
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