Berenberg Bank Reaffirms Buy Rating for Marshalls (LON:MSLH)

Marshalls (LON:MSLH)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a report issued on Monday, Marketbeat reports. They presently have a GBX 360 target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 106.19% from the stock’s current price.

MSLH has been the topic of several other reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 290 price objective on shares of Marshalls in a research report on Friday, July 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 420 price objective on shares of Marshalls in a research report on Monday, July 28th. Finally, Royal Bank Of Canada cut their price objective on Marshalls from GBX 370 to GBX 240 and set a “sector perform” rating on the stock in a research report on Monday, July 28th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Marshalls currently has a consensus rating of “Moderate Buy” and an average target price of GBX 327.50.

Marshalls Stock Down 1.8%

MSLH opened at GBX 174.60 on Monday. The company has a market cap of £441.48 million, a P/E ratio of 1,857.45, a P/E/G ratio of 0.17 and a beta of 1.26. The business’s 50-day moving average price is GBX 215.34 and its 200-day moving average price is GBX 246.52. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19. Marshalls has a 12 month low of GBX 169.80 and a 12 month high of GBX 366.

Marshalls (LON:MSLH) last released its quarterly earnings data on Monday, August 11th. The company reported GBX 6.60 EPS for the quarter. Marshalls had a return on equity of 3.32% and a net margin of 3.46%. On average, equities analysts expect that Marshalls will post 18.2342758 EPS for the current year.

Insider Buying and Selling

In related news, insider Justin Lockwood purchased 5,000 shares of the company’s stock in a transaction dated Monday, August 11th. The shares were purchased at an average cost of GBX 203 per share, with a total value of £10,150. Also, insider Matt Pullen purchased 7,734 shares of the company’s stock in a transaction dated Monday, August 11th. The stock was bought at an average cost of GBX 206 per share, for a total transaction of £15,932.04. Insiders own 1.05% of the company’s stock.

About Marshalls

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.