Marshalls plc (MSLH) Receives Consensus Recommendation of “Buy” from Brokerages
Marshalls plc (LON:MSLH) has been given a consensus rating of “Buy” by the seven ratings firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 417 ($5.39).
A number of research firms have weighed in on MSLH. Peel Hunt reaffirmed a “buy” rating and set a GBX 450 ($5.81) target price on shares of Marshalls plc in a report on Thursday, August 17th. Jefferies Group LLC lifted their target price on Marshalls plc from GBX 350 ($4.52) to GBX 430 ($5.55) and gave the company a “buy” rating in a report on Monday, June 26th. Canaccord Genuity lifted their target price on Marshalls plc from GBX 375 ($4.84) to GBX 415 ($5.36) and gave the company a “hold” rating in a report on Tuesday, August 22nd. Numis Securities Ltd reaffirmed an “add” rating on shares of Marshalls plc in a report on Thursday, August 17th. Finally, Berenberg Bank began coverage on Marshalls plc in a report on Friday, May 12th. They set a “hold” rating and a GBX 420 ($5.42) target price for the company.
Marshalls plc (LON MSLH) traded up 1.30% during midday trading on Friday, reaching GBX 435.90. 126,534 shares of the company traded hands. Marshalls plc has a one year low of GBX 257.20 and a one year high of GBX 447.90. The firm’s market capitalization is GBX 860.64 million. The firm has a 50-day moving average price of GBX 405.68 and a 200-day moving average price of GBX 376.42.
Marshalls plc (LON:MSLH) last posted its earnings results on Thursday, August 17th. The company reported $0.12 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.09. Marshalls plc had a net margin of 10.79% and a return on equity of 21.72%. Equities analysts predict that Marshalls plc will post $20.31 EPS for the current fiscal year.
The firm also recently declared a dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Thursday, October 19th will be given a dividend of GBX 3.40 ($0.04) per share. The ex-dividend date of this dividend is Thursday, October 19th. This represents a dividend yield of 0.8%.
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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