Marshalls plc (MSLH) Price Target Increased to GBX 465 by Analysts at Canaccord Genuity
Marshalls plc (LON:MSLH) had its price objective upped by stock analysts at Canaccord Genuity from GBX 415 ($5.51) to GBX 465 ($6.18) in a research report issued on Friday. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity’s target price indicates a potential upside of 0.35% from the stock’s previous close.
A number of other research analysts have also commented on MSLH. Jefferies Group LLC upped their price target on shares of Marshalls plc from GBX 350 ($4.65) to GBX 430 ($5.71) and gave the company a “buy” rating in a research note on Monday, June 26th. Peel Hunt reiterated a “buy” rating and issued a GBX 450 ($5.98) price target on shares of Marshalls plc in a research note on Thursday, August 17th. Shore Capital reiterated a “buy” rating on shares of Marshalls plc in a research note on Thursday, August 17th. Finally, Numis Securities Ltd reiterated an “add” rating on shares of Marshalls plc in a research note on Thursday, August 17th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 460.83 ($6.12).
Shares of Marshalls plc (LON MSLH) traded up 1.42% during midday trading on Friday, hitting GBX 470.00. The stock had a trading volume of 296,441 shares. The firm’s market capitalization is GBX 927.97 million. Marshalls plc has a 1-year low of GBX 257.20 and a 1-year high of GBX 477.50. The company’s 50 day moving average price is GBX 438.03 and its 200-day moving average price is GBX 400.47.
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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