Marshalls (LON:MSLH) PT Lowered to GBX 770 at Berenberg Bank

Marshalls (LON:MSLHGet Rating) had its price objective reduced by Berenberg Bank from GBX 790 ($10.28) to GBX 770 ($10.02) in a research report released on Tuesday morning, MarketBeat.com reports. They currently have a hold rating on the stock.

Several other analysts have also recently weighed in on the company. Shore Capital reaffirmed an under review rating on shares of Marshalls in a research report on Thursday, April 7th. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and set a GBX 885 ($11.51) price objective on shares of Marshalls in a research report on Friday, March 18th.

Marshalls stock opened at GBX 647.75 ($8.43) on Tuesday. The stock’s 50 day simple moving average is GBX 651.95 and its two-hundred day simple moving average is GBX 689.68. The company has a debt-to-equity ratio of 23.91, a quick ratio of 0.92 and a current ratio of 1.75. The stock has a market cap of £1.30 billion and a price-to-earnings ratio of 23.69. Marshalls has a fifty-two week low of GBX 540.50 ($7.03) and a fifty-two week high of GBX 857 ($11.15).

The business also recently declared a dividend, which will be paid on Friday, July 1st. Stockholders of record on Thursday, June 9th will be given a GBX 9.60 ($0.12) dividend. This is a boost from Marshalls’s previous dividend of $4.70. This represents a dividend yield of 1.49%. The ex-dividend date of this dividend is Thursday, June 9th. Marshalls’s payout ratio is currently 0.33%.

Marshalls Company Profile (Get Rating)

Marshalls plc manufactures and supplies hard landscaping products in the United Kingdom and internationally. It offers interior, garden, and driveways products, including garden paving, driveways, garden paths, kerbs and edging products, and garden walling products; artificial grass; garden and driveway design tools; and stone products.

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