Marshalls plc (MSLH) Stock Rating Reaffirmed by Shore Capital
Marshalls plc (LON:MSLH)‘s stock had its “buy” rating reiterated by equities researchers at Shore Capital in a report issued on Wednesday.
Several other research firms have also recently issued reports on MSLH. Peel Hunt increased their price target on Marshalls plc from GBX 365 ($4.72) to GBX 415 ($5.37) and gave the stock a “buy” rating in a research note on Wednesday. Numis Securities Ltd restated an “add” rating on shares of Marshalls plc in a report on Wednesday, April 5th. Panmure Gordon restated a “buy” rating and issued a GBX 370 ($4.79) price objective on shares of Marshalls plc in a report on Wednesday, March 15th. Finally, Canaccord Genuity upped their price objective on Marshalls plc from GBX 320 ($4.14) to GBX 330 ($4.27) and gave the company a “hold” rating in a report on Wednesday, March 15th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Marshalls plc currently has a consensus rating of “Buy” and an average target price of GBX 392.50 ($5.08).
Marshalls plc (LON:MSLH) traded down 1.8840% during midday trading on Wednesday, reaching GBX 401.1893. The company’s stock had a trading volume of 380,494 shares. The company’s 50-day moving average price is GBX 371.58 and its 200-day moving average price is GBX 312.53. The company’s market capitalization is GBX 791.35 million. Marshalls plc has a 1-year low of GBX 199.40 and a 1-year high of GBX 415.50.
The company also recently disclosed a dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 15th will be issued a GBX 8.80 ($0.11) dividend. This is a positive change from Marshalls plc’s previous dividend of $2.90. The ex-dividend date of this dividend is Thursday, June 15th. This represents a dividend yield of 2.54%.
ILLEGAL ACTIVITY WARNING: “Marshalls plc (MSLH) Stock Rating Reaffirmed by Shore Capital” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/05/14/marshalls-plc-mslh-stock-rating-reaffirmed-by-shore-capital.html.
In other news, insider Martyn Coffey sold 104,399 shares of the company’s stock in a transaction on Wednesday, March 15th. The stock was sold at an average price of GBX 347 ($4.49), for a total value of £362,264.53 ($468,526.29). Also, insider Andrew Allner acquired 5,339 shares of the business’s stock in a transaction dated Tuesday, April 18th. The stock was purchased at an average price of GBX 375 ($4.85) per share, with a total value of £20,021.25 ($25,894.01). In the last 90 days, insiders bought 10,917 shares of company stock valued at $4,084,389.
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.