Marshalls’ (MSLH) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Marshalls (LON:MSLH) in a report published on Tuesday,Digital Look reports. Berenberg Bank currently has a GBX 360 price target on the stock.

A number of other analysts also recently weighed in on the stock. Peel Hunt reaffirmed a “buy” rating and set a GBX 250 price target on shares of Marshalls in a report on Monday. Royal Bank Of Canada decreased their price objective on shares of Marshalls from GBX 195 to GBX 170 and set a “sector perform” rating on the stock in a research note on Wednesday, April 22nd. 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 presently has an average rating of “Moderate Buy” and a consensus target price of GBX 255.75.

Marshalls Stock Down 0.8%

MSLH stock opened at GBX 171.70 on Tuesday. Marshalls has a 52 week low of GBX 124 and a 52 week high of GBX 198.60. The business has a 50-day simple moving average of GBX 150.61 and a 200 day simple moving average of GBX 149.84. The company has a quick ratio of 1.34, a current ratio of 1.80 and a debt-to-equity ratio of 27.09. The company has a market cap of £434.21 million, a PE ratio of 30.66, a price-to-earnings-growth ratio of 0.17 and a beta of 1.27.

Marshalls (LON:MSLH) last announced its quarterly earnings data on Monday, August 10th. The company reported GBX 7.30 earnings per share (EPS) for the quarter. Marshalls had a net margin of 3.18% and a return on equity of 3.79%. Sell-side analysts anticipate that Marshalls will post 18.2342758 EPS for the current fiscal year.

Insider Activity

In other Marshalls news, insider Justin Lockwood bought 547,000 shares of the firm’s stock in a transaction on Thursday, July 2nd. The shares were purchased at an average price of GBX 151 per share, for a total transaction of £825,970. Also, insider Paul Inman bought 2,873 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of GBX 172 per share, for a total transaction of £4,941.56. Company insiders own 1.31% 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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.