Peel Hunt Reaffirms Buy Rating for Marshalls plc (MSLH)
Marshalls plc (LON:MSLH)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a report released on Tuesday. They currently have a GBX 355 ($4.33) target price on the stock. Peel Hunt’s target price would suggest a potential upside of 29.14% from the company’s previous close.
Several other research analysts also recently issued reports on MSLH. Panmure Gordon reissued a “buy” rating and set a GBX 370 ($4.51) price objective on shares of Marshalls plc in a research report on Friday, August 26th. Canaccord Genuity reissued a “hold” rating and set a GBX 270 ($3.29) price objective on shares of Marshalls plc in a research report on Friday, August 26th. Jefferies Group lowered their price objective on shares of Marshalls plc from GBX 400 ($4.88) to GBX 300 ($3.66) and set a “buy” rating on the stock in a research report on Wednesday, June 29th. Finally, Numis Securities Ltd raised shares of Marshalls plc to a “buy” rating and set a GBX 400 ($4.88) price objective on the stock in a research report on Friday, August 26th. Four analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of GBX 328.20 ($4.00).
Shares of Marshalls plc (LON:MSLH) opened at 274.90 on Tuesday. The stock’s market cap is GBX 541.59 million. The stock’s 50 day moving average is GBX 292.54 and its 200-day moving average is GBX 296.27. Marshalls plc has a 1-year low of GBX 199.40 and a 1-year high of GBX 357.41.
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The company also recently announced a dividend, which will be paid on Friday, December 2nd. Stockholders of record on Thursday, October 20th will be paid a GBX 2.90 ($0.04) dividend. This represents a dividend yield of 0.92%. The ex-dividend date is Thursday, October 20th.
About Marshalls plc
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.
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