Royal Bank Of Canada Lowers Marshalls (LON:MSLH) Price Target to GBX 170

Marshalls (LON:MSLH) had its price objective lowered by investment analysts at Royal Bank Of Canada from GBX 195 to GBX 170 in a report released on Wednesday,London Stock Exchange reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 20.48% from the stock’s previous close.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 360 price objective on shares of Marshalls in a research report on Monday, March 16th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 310.

Marshalls Stock Down 3.8%

Marshalls stock opened at GBX 141.10 on Wednesday. Marshalls has a twelve month low of GBX 133.30 and a twelve month high of GBX 295. The company has a debt-to-equity ratio of 27.74, a quick ratio of 1.34 and a current ratio of 1.78. The firm has a market cap of £356.77 million, a PE ratio of 25.20, a P/E/G ratio of 0.17 and a beta of 1.35. The firm’s 50 day moving average price is GBX 154.95 and its two-hundred day moving average price is GBX 166.22.

Marshalls (LON:MSLH) last posted its quarterly earnings results on Monday, March 16th. The company reported GBX 13.40 EPS for the quarter. Marshalls had a net margin of 2.28% and a return on equity of 2.17%. On average, research analysts predict that Marshalls will post 18.2342758 EPS for the current fiscal year.

Insider Activity at Marshalls

In related news, insider Justin Lockwood acquired 260,000 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were acquired at an average cost of GBX 181 per share, with a total value of £470,600. Corporate insiders own 1.17% of the company’s stock.

Marshalls Company Profile

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.