Marshalls (LON:MSLH) Stock Rating Lowered by Deutsche Bank Aktiengesellschaft

Marshalls (LON:MSLHGet Rating) was downgraded by equities researchers at Deutsche Bank Aktiengesellschaft to a “hold” rating in a research report issued to clients and investors on Friday, Marketbeat.com reports. They currently have a GBX 629 ($7.75) price objective on the stock, down from their previous price objective of GBX 885 ($10.91). Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 19.61% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Shore Capital restated a “hold” rating on shares of Marshalls in a research note on Wednesday, May 11th. Berenberg Bank reduced their price objective on shares of Marshalls from GBX 790 ($9.74) to GBX 770 ($9.49) and set a “hold” rating on the stock in a research report on Tuesday, April 19th.

LON MSLH opened at GBX 525.88 ($6.48) on Friday. Marshalls has a 12 month low of GBX 513.50 ($6.33) and a 12 month high of GBX 857 ($10.56). The stock has a market cap of £1.33 billion and a price-to-earnings ratio of 19.16. The company’s 50 day moving average is GBX 632.84 and its two-hundred day moving average is GBX 669.85. The company has a current ratio of 1.75, a quick ratio of 0.92 and a debt-to-equity ratio of 23.91.

In other news, insider Martyn Coffey sold 48,902 shares of Marshalls stock in a transaction that occurred on Tuesday, May 10th. The shares were sold at an average price of GBX 593 ($7.31), for a total transaction of £289,988.86 ($357,481.34).

About Marshalls (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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