Marshalls plc (MSLH) PT Raised to GBX 450
Marshalls plc (LON:MSLH) had its price target hoisted by research analysts at Peel Hunt from GBX 415 ($5.29) to GBX 450 ($5.73) in a report released on Monday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s target price suggests a potential upside of 15.38% from the stock’s current price.
Several other research analysts have also recently commented on the stock. Berenberg Bank began coverage on shares of Marshalls plc in a report on Friday, May 12th. They issued a “hold” rating and a GBX 420 ($5.35) target price for the company. Numis Securities Ltd reiterated an “add” rating and issued a GBX 435 ($5.54) target price on shares of Marshalls plc in a report on Wednesday, May 10th. Canaccord Genuity raised their target price on shares of Marshalls plc from GBX 330 ($4.20) to GBX 375 ($4.78) and gave the stock a “hold” rating in a report on Wednesday, May 10th. Shore Capital reiterated a “buy” rating on shares of Marshalls plc in a report on Wednesday, May 10th. Finally, Panmure Gordon reiterated a “buy” rating and issued a GBX 370 ($4.71) target price on shares of Marshalls plc in a report on Wednesday, March 15th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of GBX 398.33 ($5.07).
Shares of Marshalls plc (LON:MSLH) traded down 1.42% during mid-day trading on Monday, hitting GBX 390.00. 156,138 shares of the company’s stock traded hands. The stock’s market cap is GBX 769.28 million. The stock has a 50 day moving average price of GBX 396.11 and a 200-day moving average price of GBX 334.30. Marshalls plc has a 1-year low of GBX 199.40 and a 1-year high of GBX 422.80.
In related news, insider Andrew Allner purchased 5,447 shares of the firm’s stock in a transaction that occurred on Friday, April 21st. The stock was acquired at an average cost of GBX 374 ($4.76) per share, for a total transaction of £20,371.78 ($25,954.62). Over the last 90 days, insiders have purchased 10,904 shares of company stock valued at $4,084,063.
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.
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