Marshalls (MSLH) Receives “Buy” Rating from Peel Hunt
Marshalls (LON:MSLH)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a report released on Wednesday. They currently have a GBX 490 ($6.59) price objective on the stock. Peel Hunt’s price target suggests a potential upside of 11.88% from the stock’s current price.
Other research analysts have also issued research reports about the stock. Numis Securities reiterated an “add” rating on shares of Marshalls in a report on Thursday, August 17th. Shore Capital reiterated a “buy” rating on shares of Marshalls in a report on Thursday, August 17th. Canaccord Genuity raised their price objective on shares of Marshalls from GBX 375 ($5.05) to GBX 415 ($5.59) and gave the company a “hold” rating in a report on Tuesday, August 22nd. Berenberg Bank upgraded shares of Marshalls to a “buy” rating in a report on Thursday, November 16th. Finally, Barclays assumed coverage on shares of Marshalls in a report on Monday, November 27th. They issued an “underweight” rating and a GBX 429 ($5.77) price objective for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. Marshalls has a consensus rating of “Buy” and a consensus target price of GBX 456.29 ($6.14).
Shares of Marshalls (MSLH) traded up GBX 0.96 ($0.01) during midday trading on Wednesday, reaching GBX 437.96 ($5.89). 203,435 shares of the company were exchanged, compared to its average volume of 271,461. Marshalls has a 1-year low of GBX 268.90 ($3.62) and a 1-year high of GBX 486.60 ($6.55).
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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