Marshalls’ (MSLH) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Marshalls (LON:MSLH) in a report published on Monday,London Stock Exchange reports. The brokerage currently has a GBX 360 price target on the stock.

Separately, Royal Bank Of Canada dropped their price target on shares of Marshalls from GBX 240 to GBX 195 and set a “sector perform” rating on the stock in a research note on Tuesday, January 20th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Marshalls has a consensus rating of “Moderate Buy” and an average target price of GBX 316.25.

Marshalls Price Performance

MSLH stock traded down GBX 4.87 during mid-day trading on Monday, reaching GBX 140.73. 26,611,041 shares of the company’s stock were exchanged, compared to its average volume of 3,112,491. The company has a debt-to-equity ratio of 27.74, a current ratio of 1.78 and a quick ratio of 1.34. Marshalls has a 12-month low of GBX 136 and a 12-month high of GBX 295. The stock’s 50 day moving average is GBX 165.96 and its 200 day moving average is GBX 171.41. The company has a market cap of £355.83 million, a price-to-earnings ratio of 14.97, a price-to-earnings-growth ratio of 0.17 and a beta of 1.30.

Marshalls (LON:MSLH) last posted its quarterly earnings data on Monday, March 16th. The company reported GBX 13.40 EPS for the quarter. Marshalls had a return on equity of 2.17% and a net margin of 2.28%. On average, research analysts expect that Marshalls will post 18.2342758 EPS for the current year.

Insider Activity at Marshalls

In other Marshalls news, insider Justin Lockwood bought 260,000 shares of Marshalls stock in a transaction dated Friday, February 13th. The stock was acquired at an average cost of GBX 181 per share, for a total transaction of £470,600. 1.17% of the stock is owned by insiders.

About Marshalls

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.