Marlowe (LON:MRL) Price Target Cut to GBX 710 by Analysts at Berenberg Bank

Marlowe (LON:MRL) had its price objective reduced by Berenberg Bank from GBX 720 ($9.04) to GBX 710 ($8.92) in a report issued on Tuesday morning, MarketBeat reports. They currently have a buy rating on the stock.

Marlowe Stock Performance

Shares of Marlowe stock opened at GBX 490 ($6.16) on Tuesday. Marlowe has a 52 week low of GBX 310 ($3.89) and a 52 week high of GBX 680 ($8.54). The company has a quick ratio of 0.80, a current ratio of 1.29 and a debt-to-equity ratio of 58.34. The business has a 50 day moving average price of GBX 514.39 and a 200-day moving average price of GBX 458.21. The company has a market cap of £474.61 million, a PE ratio of -3,266.67 and a beta of 0.41.

About Marlowe

Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.