Marshalls plc (MSLH) Given Average Recommendation of “Buy” by Analysts
Shares of Marshalls plc (LON:MSLH) have earned an average recommendation of “Buy” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 413.33 ($5.37).
MSLH has been the topic of several recent research reports. Peel Hunt raised their price target on Marshalls plc from GBX 365 ($4.74) to GBX 415 ($5.39) and gave the company a “buy” 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. Canaccord Genuity raised their price target on Marshalls plc from GBX 330 ($4.28) to GBX 375 ($4.87) and gave the company a “hold” rating in a report on Wednesday, May 10th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 435 ($5.65) price target on shares of Marshalls plc in a report on Wednesday, May 10th. Finally, Berenberg Bank initiated coverage on Marshalls plc in a report on Friday, May 12th. They issued a “hold” rating and a GBX 420 ($5.45) price target on the stock.
Shares of Marshalls plc (LON:MSLH) traded down 0.72% during midday trading on Tuesday, reaching GBX 387.30. 65,818 shares of the company’s stock were exchanged. The firm has a 50-day moving average of GBX 380.97 and a 200-day moving average of GBX 361.29. Marshalls plc has a 1-year low of GBX 257.20 and a 1-year high of GBX 422.80. The company’s market capitalization is GBX 763.95 million.
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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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