Marshalls plc (MSLH) Price Target Raised to GBX 490 at Peel Hunt
Marshalls plc (LON:MSLH) had its price objective lifted by research analysts at Peel Hunt from GBX 450 ($5.98) to GBX 490 ($6.51) in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the stock. Peel Hunt’s target price would suggest a potential upside of 4.26% from the company’s current price.
A number of other brokerages have also recently commented on MSLH. Jefferies Group LLC increased their price target on shares of Marshalls plc from GBX 450 ($5.98) to GBX 490 ($6.51) and gave the company a “buy” rating in a research note on Tuesday, September 19th. Shore Capital reiterated a “buy” rating on shares of Marshalls plc in a research note on Tuesday, August 29th. Canaccord Genuity increased their price target on shares of Marshalls plc from GBX 375 ($4.98) to GBX 415 ($5.51) and gave the company a “hold” rating in a research note on Tuesday, August 22nd. Finally, Numis Securities Ltd reiterated an “add” rating on shares of Marshalls plc in a research note on Thursday, August 17th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 460.83 ($6.12).
Shares of Marshalls plc (MSLH) traded up 1.42% on Thursday, reaching GBX 470.00. 296,441 shares of the company traded hands. The stock has a 50 day moving average of GBX 438.03 and a 200 day moving average of GBX 400.47. Marshalls plc has a 52-week low of GBX 257.20 and a 52-week high of GBX 477.50. The stock’s market cap is GBX 927.97 million.
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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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