Marshalls (LON:MSLH) had its target price lifted by investment analysts at Canaccord Genuity from GBX 470 ($6.49) to GBX 475 ($6.56) in a research note issued on Wednesday. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity’s target price suggests a potential upside of 4.21% from the stock’s previous close.
A number of other equities research analysts have also weighed in on the stock. Peel Hunt raised their price target on shares of Marshalls from GBX 490 ($6.77) to GBX 505 ($6.98) and gave the company a “buy” rating in a report on Wednesday. Numis Securities reiterated an “add” rating and set a GBX 500 ($6.91) price objective on shares of Marshalls in a research note on Wednesday. Shore Capital reiterated a “buy” rating on shares of Marshalls in a research note on Wednesday. Barclays began coverage on shares of Marshalls in a research note on Monday, November 27th. They set an “underweight” rating and a GBX 429 ($5.93) price objective on the stock. Finally, Berenberg Bank upgraded shares of Marshalls to a “buy” rating in a research note on Thursday, November 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. Marshalls presently has an average rating of “Buy” and an average target price of GBX 459.86 ($6.35).
Marshalls (MSLH) traded up GBX 5.80 ($0.08) on Wednesday, reaching GBX 455.80 ($6.30). 223,335 shares of the company were exchanged, compared to its average volume of 367,533. The firm has a market cap of $909.96 and a price-to-earnings ratio of 2,279.00. Marshalls has a 1-year low of GBX 309.60 ($4.28) and a 1-year high of GBX 486.60 ($6.72).
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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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