Marlowe (LON:MRL) Given Buy Rating at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Marlowe (LON:MRL – Get Rating) in a research report sent to investors on Friday, Marketbeat reports. They currently have a GBX 1,160 ($15.21) price target on the stock.

MRL stock opened at GBX 930 ($12.20) on Friday. Marlowe has a 1 year low of GBX 730 ($9.57) and a 1 year high of GBX 1,094 ($14.35). The company has a debt-to-equity ratio of 45.25, a quick ratio of 1.38 and a current ratio of 1.58. The stock’s 50 day moving average price is GBX 849.08 and its 200 day moving average price is GBX 906.16. The firm has a market cap of £891.26 million and a P/E ratio of -715.38.

In other news, insider Adam Councell acquired 5,600 shares of the firm’s stock in a transaction on Tuesday, January 25th. The stock was bought at an average cost of GBX 892 ($11.70) per share, with a total value of £49,952 ($65,510.82).

Marlowe Company Profile (Get Rating)

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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