Marshalls (LON:MSLH) PT Lowered to GBX 380 at Berenberg Bank

Marshalls (LON:MSLHGet Rating) had its price objective dropped by stock analysts at Berenberg Bank from GBX 400 ($4.83) to GBX 380 ($4.59) in a note issued to investors on Thursday, Digital Look reports. The brokerage presently has a “hold” rating on the stock. Berenberg Bank’s target price points to a potential upside of 15.29% from the stock’s previous close.

Several other equities analysts have also commented on the company. Shore Capital reissued a “hold” rating on shares of Marshalls in a research report on Tuesday, July 12th. Deutsche Bank Aktiengesellschaft lowered Marshalls to a “hold” rating and lowered their price objective for the company from GBX 885 ($10.69) to GBX 629 ($7.60) in a research report on Friday, May 20th.

Marshalls Stock Performance

Shares of MSLH stock opened at GBX 329.60 ($3.98) on Thursday. The stock has a fifty day moving average of GBX 419.89 and a 200 day moving average of GBX 523.86. Marshalls has a 52 week low of GBX 312.80 ($3.78) and a 52 week high of GBX 828 ($10.00). The firm has a market capitalization of £833.79 million and a price-to-earnings ratio of 1,648.00. The company has a quick ratio of 1.34, a current ratio of 2.21 and a debt-to-equity ratio of 46.84.

Insider Activity

In related news, insider Justin Lockwood purchased 4,399 shares of Marshalls stock in a transaction dated Tuesday, July 12th. The stock was purchased at an average cost of GBX 455 ($5.50) per share, for a total transaction of £20,015.45 ($24,184.93). In related news, insider Avis Darzins purchased 2,512 shares of Marshalls stock in a transaction dated Friday, August 19th. The stock was purchased at an average cost of GBX 396 ($4.78) per share, for a total transaction of £9,947.52 ($12,019.72). Also, insider Justin Lockwood acquired 4,399 shares of Marshalls stock in a transaction that occurred on Tuesday, July 12th. The stock was acquired at an average price of GBX 455 ($5.50) per share, with a total value of £20,015.45 ($24,184.93). Insiders purchased 14,503 shares of company stock worth $6,476,201 over the last three months.

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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