Berenberg Bank Reaffirms Buy Rating for Marlowe (MRL)
Marlowe (LON:MRL)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a note issued to investors on Monday. They presently have a GBX 500 ($6.73) price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 46.20% from the company’s previous close.
Marlowe (MRL) traded down GBX 2.50 ($0.03) during trading hours on Monday, reaching GBX 342 ($4.60). The company had a trading volume of 5,538 shares, compared to its average volume of 46,724. Marlowe has a fifty-two week low of GBX 278.75 ($3.75) and a fifty-two week high of GBX 427.50 ($5.75).
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