Marshalls plc (MSLH) Price Target Cut to GBX 291 by Analysts at Panmure Gordon
Marshalls plc (LON:MSLH) had its price target cut by analysts at Panmure Gordon from GBX 370 ($4.83) to GBX 291 ($3.80) in a report issued on Friday. The brokerage presently has a “buy” rating on the stock. Panmure Gordon’s price target would suggest a potential upside of 0.87% from the stock’s previous close.
Other equities research analysts have also recently issued research reports about the company. Canaccord Genuity reissued a “hold” rating and set a GBX 270 ($3.52) target price on shares of Marshalls plc in a research note on Tuesday, July 5th. Jefferies Group cut their target price on Marshalls plc from GBX 400 ($5.22) to GBX 300 ($3.92) and set a “buy” rating for the company in a research note on Wednesday, June 29th. Peel Hunt reissued a “buy” rating and set a GBX 355 ($4.63) target price on shares of Marshalls plc in a research note on Friday, August 26th. Finally, Numis Securities Ltd raised Marshalls plc to a “buy” rating and set a GBX 400 ($5.22) target price for the company in a research note on Friday, August 26th. Four research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of GBX 328.20 ($4.28).
Marshalls plc (LON:MSLH) traded down 0.79% on Friday, hitting GBX 288.50. The stock had a trading volume of 632,343 shares. Marshalls plc has a 52-week low of GBX 199.40 and a 52-week high of GBX 357.40. The company’s market cap is GBX 568.38 million. The firm’s 50-day moving average is GBX 296.92 and its 200-day moving average is GBX 299.90.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/07/marshalls-plc-mslh-price-target-cut-to-gbx-291-by-analysts-at-panmure-gordon-2.html
The company also recently declared a dividend, which will be paid on Friday, December 2nd. Stockholders of record on Thursday, October 20th will be given a dividend of GBX 2.90 ($0.04) per share. The ex-dividend date of this dividend is Thursday, October 20th. This represents a dividend yield of 0.92%.
Marshalls plc Company Profile
Marshalls plc is a United Kingdom-based company, which is engaged in supplying of hard landscaping products to both the domestic and public sector and commercial end markets. The Company’s segments include Landscape Products and Other. Its Landscape Products segment focuses on integrated production, logistics and distribution network supporting both end markets.
Receive News & Ratings for Marshalls plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marshalls plc and related companies with MarketBeat.com's FREE daily email newsletter.