Marshalls plc’s (MSLH) “Buy” Rating Reiterated at Peel Hunt
Marshalls plc (LON:MSLH)‘s stock had its “buy” rating restated by Peel Hunt in a research note issued to investors on Thursday. They presently have a GBX 450 ($5.84) target price on the stock. Peel Hunt’s target price would indicate a potential upside of 9.76% from the company’s current price.
A number of other research firms also recently issued reports on MSLH. Berenberg Bank began coverage on shares of Marshalls plc in a research report on Friday, May 12th. They set a “hold” rating and a GBX 420 ($5.45) target price on the stock. Shore Capital restated a “buy” rating on shares of Marshalls plc in a research report on Wednesday, May 10th. Numis Securities Ltd restated an “add” rating and set a GBX 435 ($5.65) target price on shares of Marshalls plc in a research report on Wednesday, May 10th. Canaccord Genuity upped their target price on shares of Marshalls plc from GBX 330 ($4.28) to GBX 375 ($4.87) and gave the company a “hold” rating in a research report on Wednesday, May 10th. Finally, Jefferies Group LLC upped their target price on shares of Marshalls plc from GBX 350 ($4.54) to GBX 430 ($5.58) and gave the company a “buy” rating in a research report on Monday, June 26th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 413.33 ($5.37).
Shares of Marshalls plc (LON MSLH) traded down 2.47% during trading on Thursday, hitting GBX 410.00. 204,100 shares of the stock traded hands. The company’s market cap is GBX 809.50 million. The company has a 50 day moving average of GBX 383.31 and a 200-day moving average of GBX 362.86. Marshalls plc has a 1-year low of GBX 257.20 and a 1-year high of GBX 422.80.
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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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